CytoSorbents Corporation (CTSO)

[Pete42]

@ Raptorjockey

If we do not get Covid controlled, this would be indeed a new field for the Adsorber. The stock price correlates at the moment with the pandemic degree. Here are some investors following the stock price on a weekly or daily basis. If we get a Covid Impfung? I would imagine that CTSO stock will go down. However, the Adsorber was used in a lot of countries. It may have gotten reputation for sepsis and maybe also for blood thinners. Hopefully some studies will follow and finally new markets such as the USA. This may take some time and the stock may likely go down beforehand. If we get a lot of sales due to Covid the stock may go up significant. But it will come back once a treatment pops up on the horizon. We will not loose the reputation and acceptance having build up in the meantime. I do not think that this will be visible in the stock price.
My CTSO position is by the way about 10% of my portfolio. If Covid goes away causing the stock to come back I will load up some shares. Blood thinner removal is a big market. At the moment CTSOs revenue is about 60% from Germany. It got approval for blood thinner removal in the EU, which is much bigger than Germany. Imagine the US as a future market.