CytoSorbents Corporation (CTSO)

[Tim501]

Makes sense as there was a big short interest jump around that time. It looked like they tried to follow through the next day and shoved the stock down to almost $10, but the stock reversed on them and hasn't looked back. I watch the stock trade most days and I just don't see how they established such a large short position without a big chunk in that end of day index adjustment where I think about 2.4M shares of CTSO crossed at the close. If not, then they've been shorting every day to get there, PLUS the company has been selling shares into the open market and might have done so again this week. Hard to believe we got to $15 under all that pressure, but I'm not complaining as it shows great relative strength and likely higher prices soon.