CytoSorbents Corporation (CTSO)

[techxen]

"ATM or offering, good, do what needs to be done"

I share the same opinion and I think Ping is just pointing out this as well and is basing it on patterns from the past, just so shareholders don't get all giddy and blind to the recent run-up. In fact this is looking a little like the run up in 2015 after uplisting, the only difference is that there are more fundamentals and studies in place to support the valuation now.

Others cry foul just because someone points out the possibility of a raise. For crying out loud, even Microsoft raises money when they don't have to. This was from an article in Thinkgrowth.org. At the time Microsoft raised money it already had approximately $95 billion in cash and equivalents:

"In August of 2016, after just a year, newly appointed Microsoft CEO Satya Nadella had already made tremendous progress in helping Microsoft turn the corner. From the outside, it appeared the company had ample cash on hand to fund both current operations but also invest heavily to drive future growth. However, Microsoft decided to make a bold financial move and sell nearly $20 billion in Microsoft bonds. This happened to be the largest deal in their history and the fifth largest bond deal ever for the market. It was enough to make every financial publication sit up and take notice.

What followed was one of the most productive periods in the company’s history. Heavy investments paved the way for Azure, Microsoft’s cloud computing platform; HoloLens, one of the early-entrants in augmented reality technology; and an acquisition brought in Linkedin. Microsoft didn’t have to raise funds back in 2016. It was not life or death. It was not make or break. But they are a much different company today in part due to that decision."

For years it lagged behind the market and was stuck in a low trading range. Take a look at what Microsoft's stock did since then.