CytoSorbents Corporation (CTSO)

[orangecat]

Personally, I believed the trading here has been manipulated for many years. It has far more positives going for it than many other biotechs I am invested in, that have comparable market caps. Micro-caps can be manipulated by a couple of trading accounts and a $ amount that is probably less than a big Pharma's or Hedge Fund's monthly coffee supply bill. If you were to have the ability to manipulate a stock, under the radar of the SEC, it makes sense to let it run up then tank it. Volatility makes money if you control or have knowledge of the triggers of the volatility and trade accordingly.

The SEC just doesn't care about these micro-caps. The only thing the company can do is keep their nose to the grindstone and and hope that eventually FDA approval, partnerships and sales push the market cap high enough that the stock prices cannot be so easily manipulated. It sucks that the manipulation causes unneeded dilution when a capital needs to be raised, but that is the way the crooked system works.

Just be happy for the poison pill provision CTSO has. If they did not, I think this company would have been stolen from investors long ago.