CytoSorbents Corporation (CTSO)

[HadToHavit]

Volume? Not surprised at all.
Nothing new to report … really... other than the same folks telling us that the promised land is just over that hill.... respectfully... I don't blame them... We all know that nothing is going to happen until the product a) gets reimbursement codes in EU (and other countries) and the FDA approves the product for ALL if its various uses here.
I like others suspect that there will be some moderate SP increase in 2019. But IF there is significant SP increase it will probably be in 2020-2021 or possibly even later.
My opinion is that CTSO has reached a "specific" investor market.. retail and institutional. It will stay there until a fire is lit under the broader market.... or a significant newsworthy situation... like Cytosorbent Blood filter saves many lives in Flu outbreak. Or some famous person with Sepsis is saved... tic tic tic. And we wait.

When I see pictures of Cytosorb hooked up to a bypass machine for heart surgery... makes me wonder what's taking so long.