Saturday, April 23, 2016 4:49:20 PM
Karin, nice chart.
CTIX, up over 50% year to date. Simple math: from $1.00 to $1.70 is 70%. That's a big move.
CTIX, way outperforming the market so far this year.
Not sure where all the negativity is coming from lately.
Must admit, I was loosing faith when CTIX was trading near a dollar. Fortunately, CTIX has been coming back nicely.
I think CTIX has been plagued by two unusual circumstances. One, the short attack. Second, the distribution of shares from our persistent and consistent seller. I still assume this to be Aruda (lawyers), based on ability and timing. They have the shares. They have the potential motivation (diversification out of CTIX). And, current pattern of selling did not start until Aruda obtained shares.
Both, unusual circumstances will dissipate.
I often wonder that if not for the unusual circumstances, CTIX could well be trading much higher than $5. Possibly, much, much higher.
Looking at the technical, watching short interest declining in recent months, knowing that Aruda has finite shares, and certain CTIX is making progress on corporate (up listing and BOD) and science milestones (with accompanying news); that, price is highly likely going significantly higher.
With higher share price, any dilution from equity financing will become less a factor. Also, as share price rises, CTIX gets closer to up listing. The up listing component should not be minimized. I could easily see a 50 to 100% move higher, just based on this factor.
Lots of positive catalysts upcoming.
CTIX, up over 50% year to date. Simple math: from $1.00 to $1.70 is 70%. That's a big move.
CTIX, way outperforming the market so far this year.
Not sure where all the negativity is coming from lately.
Must admit, I was loosing faith when CTIX was trading near a dollar. Fortunately, CTIX has been coming back nicely.
I think CTIX has been plagued by two unusual circumstances. One, the short attack. Second, the distribution of shares from our persistent and consistent seller. I still assume this to be Aruda (lawyers), based on ability and timing. They have the shares. They have the potential motivation (diversification out of CTIX). And, current pattern of selling did not start until Aruda obtained shares.
Both, unusual circumstances will dissipate.
I often wonder that if not for the unusual circumstances, CTIX could well be trading much higher than $5. Possibly, much, much higher.
Looking at the technical, watching short interest declining in recent months, knowing that Aruda has finite shares, and certain CTIX is making progress on corporate (up listing and BOD) and science milestones (with accompanying news); that, price is highly likely going significantly higher.
With higher share price, any dilution from equity financing will become less a factor. Also, as share price rises, CTIX gets closer to up listing. The up listing component should not be minimized. I could easily see a 50 to 100% move higher, just based on this factor.
Lots of positive catalysts upcoming.
