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Re: Burnttoast247 post# 13593

Monday, 10/15/2018 8:56:23 PM

Monday, October 15, 2018 8:56:23 PM

Post# of 27409
Excellent entry point or add to position now. Patience is very important as this company will be a long term winner. It has been already. Been here 5 years. Bought and sold blocks of this stock, and held a core position for a long time. Seen this all before. The product is excellent, with long term growth in its favor. Reorders remain strong, with long term users increasing purchases. New orders come "over the transom" - meaning very little selling is required as docs share their successes because Cytosorb works so well. Growth has been a consistent pattern for several years. Significant increase of "human uses" of the product continues to be the proof of the pudding. Plus, excellent prospects exist for FDA approval for cardiac surgery, perhaps next year. With FDA initial approval, expansion of off label indications is highly likely. You can't hold back this product. It is this good. This market-wide sell off has nothing to do with Cytosorb or the company. It has everything to do with global macroeconomics, politics, trade disputes, FDA normalizing rates, etc. My advice: keep a vision clear. Own shares, and take a walk, read a book, go fishing, do something else. The current soft market is only a distraction.
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