Replies to post #20462 on CSMG Technologies, Inc (fka CTGI)

[sojourner]

Re: "DR's 'expectation' of FDA approval in Q2 might have been enough to stave off sub-one dollar PPS, but now that that time has passed, what's to stop a drop to .70?"

You raise good points. Chart shows that after 06/08 FDA report quashed approval hopes, CTGI faded. Following 07/06 FDA disappointment, stock fell further. Arguably, stony silence of a reputedly underfunded, overworked bureaucracy massaged price to these low levels.

Re: "...what's to stop a drop to .70?"

Awaited news of CE mark for handset(s) could quickly reverse the slide and make $1.01 per share look like 25cent Cappuccino Day at Starbucks.













These are my opinions only. Do your DD. Buying stocks is risky.

"If we could sell our experiences for what they cost us, we'd all be millionaires." -Abigail van Buren (a/k/a Dear Abby)

[lowman]

"Lower closing prices now mean that any FDA pop will also result in a lower high when approval day happens."

Only in theory, rocketeer, only in theory.

Does a house up for sale, lose value because a prospect looks at it on a rainy day? Of course not, even though the house does not 'look' nearly as nice as it does, on a sunny day.

To prove my point, we only need to refer to the two weeks surrounding the Dupont news, over 2 years ago, going .04 area, to .385. Had CTUM already been trading at .20 upon Dupont news, chances are it would still have only gone up to roughly the same area.


L~



"took me 3 long years to make a million bucks over night"

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[sojourner]

Re: "I can't wait until we move beyond this purgatory of waiting and expecting, into selling and expanding."

Overtly, there's seems little to be gained in transforming a purgatory into a hell by pronouncing Last Rites over CSMG/CTGI each morning E.T. at 3 o'clock. On the other hand, I'm liking the enveloping bearishness and mordancy on this board, ordinarily a clockwork signal of a bottom or near bottom.


These are my opinions and sentiments only. Take them for what they're worth. Do your DD. Buying stocks is risky!

"If we could sell our experiences for what they cost us, we'd all be millionaires." -Abigail van Buren (a/k/a Dear Abby)