CytoSorbents Corporation (CTSO)

[raptorjockey]

Dr. N., That is true. I too had been disappointed in the performance of Cytosorbents. Someone, a week or so ago mentioned CRMD. Thank you, whom ever you are... I looked at it but felt it was a bit rich for me but I did do some reading and kept it in mind. Three days ago with the packaging failure, I saw it plummet into the mid $6 range, so I sold 2000 Ctso at 8.80 and bought 2500 Cormedix at 6.90. In three days the cormedix has returned near 6500, allowing me to at least break even for the last three days. This is the first time in ten years that I have sold any of my position in CTSO, and if I see anymore opportunities like I did with CRMD, it won't be the last time. I think oil will be going higher, near term, RIG in my opinion is still cheap, I think it could double from here. Closed today at $4.55. News soon for Cytosorbents? I think Dr. Chan was holding off on the letter in expectation of FDA news.