I feel the price should come down to 89 or below so that the general retail investors have the same advantage as Aspire..i.e of course if the markets are transparent and the SEC ensures that it is a level playing field for everyone!
I wouldn't mind loading up at some lower prices frankly. I hope we test 1.5 again. I have a couple of orders in for tomorrow in the 1.6-1.7 range in the event that I'm not paying attention if it gets there. Perhaps that's just my bull bias coming out and hoping for better prices, but I just don't see us going much higher than $2.15 for very long without significant news.
In fact CTIX is in a break-out pattern and holding to a bullish trend line.
CTIX is giving us good profits because it has great fundamentals, great potential, clinical trials at world class cancer centers testing a potential blockbuster drug, a second potential blockbuster drug scheduled for an advanced trial... and then a nice strong rally chart with a long-term dominant trend up.
Since December of 2010, highlighted in blue on the chart below, one could have bought CTIX at any point up until the peak 9 days ago and have been in profit. Just by buying at any random moment.
In all that time, there are only 7 days one could have bought CTIX higher, close to the peak of a near vertical parabolic move, and that high will almost certainly be taken out again barring the worst possible news.
It is a very rare trader who will outperform a long CTIX shareholder who simply buys and holds should either or both of Kevetrin or Prurisol live up to its potential.
Most will do significantly worse. But buying dips or break-outs in an uptrend is a great accumulation strategy. But make sure it is in a rare gem like CTIX.
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