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BigJeff

02/08/13 9:53 AM

#23729 RE: petemantx #23726

Pete, CTIX already has more results and a brighter future than most smaller biopharma's . . . just look at Baker Bros. pharma holding and you will note it takes very little for someone to stake a position of million(s)of shares . . . share price doesn't matter either, CTIX certainly a potential for these hedge fund guys. It can certainly be argued whether up-listing would help or not, I believe it would in the short run to provide growth/stability etc. and to raise the buyout price. I agree "stellar trial results" and CTIX would go to the moon, but that would be abnormal (possible, but not the way it usually happens.)

I know there is always "funny business" in the market to effect price . . . but you or I could have accumulated a million shares over the past week without effecting share price . . . big boy's aren't buying all their shares in a single day (not talking "private placement"). All this is my opinion.
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58nout

02/08/13 10:29 AM

#23743 RE: petemantx #23726

Pete, having never been in that end of the business, I do not know the answer, but BigJeff has given you what seems a reasonable response.
Personnally, if I had hedge fund capital, lord what would the risk here be on 1M dollars right now, peanuts to these guys.