Replies to post #2319 on Cytori Therapeutics, Inc. (CYTX)

[Dennisb68]

"It closed flat today, so I feel that if it was an error, we'd be back trading in the under $1.40 range"

Give it time. The stock traded as low as $1.51 today but it never traded above yesterdays close of $1.60. There could be many that bought on the way up to $1.75 that just don't want to sell at a loss or, there could be some that bought when they heard the stock was projected to go to $21 but weren't watching when it was reported to be an error. Like you say, there was no comment from the company about this error so if they weren't watching CNBC at the time how would they know. Most investors don't go to Ihub or the other site you mentioned to get their news.

"It's just a strange that I haven't seen any printed material mentioning the correction."

It was printed, I printed it on this site, you saw it on another site and if you go to Yahoo finance you will find it there. CNBC could care less.

Here is another site where the error was mentioned. Check out the comments for Dec. 16 http://www.drugchatter.com/ticker/CYTK

[Dennisb68]

Once again. the stock traded as low as $1.52 but it never traded above the previous day close.

[Dennisb68]

Currently trading at $1.45 and all the gains made on the 16th. when the stock shot up to over $1.75 on the error are now gone. It was trading at $1.46 before CNBC made the mistake.