CytoSorbents Corporation (CTSO)

[raptorjockey]

Idunno, Unfortunately, your suggestion has one fatal flaw. Whenever there is a takeover bid, the purchasing company, in keeping their best interest in mind, and that of their shareholders, will attempt to complete the purchase at the lowest cost that gets the job done. That is the reason for poison pills. In the case of Cytosorbents, I would venture a guess that 15 dollars a share would be enough to complete the sale to the utter astonishment and horror of all of us that have held shares of Cytosorbents for the long term benefits. My first purchase was in 2010, when the company could have been had for .50 cents a share. There were several people advocating for that. Your scenario would be acceptable to me, however, that's not how this works. Show me 1 instance where a company was bought out for a multiple of 5 to 6 times their current price. Nice thought though. Perhaps we will get there in a couple of years...