CTIX Discussion 08/26/2014 11:30:52 $CTIX
Very Strong! Rsi only 75 which is a perfect Bullish level for a very strong breakout before a small consolidation cool down phase.
It would be great to get above $2.20 before a slight pullback.
Looks like a break is about to occur...maybe right after lunch, or maybe in a few minutes.
CTIX Stock Message Board http://investorshangout.com/Cellceutix-Corpor...TIX-87375/
CTIX looking extremely Bullish and trading in a power zone that is not showing signs of being overbought.
Could close north of $2.12 today very easily.
I missed most of the first hour this morning.
Generally, a much higher premarket trade is a good indicator. Not a strong one, though. From my observation, when this occurs, often times the market pushes down, then recovers to the premarket high, even pushing higher. It's a mixed bag, but not an unwelcomed one.
Welcome
Kelt
True.
Each day starts fresh.
I do add to positions, if the opportunity is good. I do repurchase shares, even at higher prices, if the opportunity is good. Past is past. What matters is the future.
Situations are variable. I don't like chasing. I like to get in at cycle lows. But, I also like riding trends higher. Often, it is a matter of timing market cycles and benefiting from market psychology.
I'll never forget my first class in Economics 101. First paragraph of first page of the first lesson was Pavlov, conditioned response, and psychology. I never lose sight of the fact that Economics and Markets are people based. Psychology (emotions) does help explain most of what appears to be mysterious.
By the way, you seem to have got in at an opportune time. Immediately in the profit zone. Now, your only dilemma is how to manage it.
might be the two trades at 2.20 in pre-market that triggered it.
Thanks Keltoi!
INH:
I'm sure you have a much larger position at a lower price <G>
cheers
*K
When I started investing in CTIX, back at 0.35, Fidelity limited me to 5K shares at a time because it was a penny stock. They can have the commission if they want it, I've made it back many times over!
It just may be. If so, they are trying to get more commissions by having orders limited to 10,000 each. So your friend would have to place multiple orders if wanting more at one time.
Personally, don't know of any brokerage with such low share limits.
Each brokerage has its rules. Most will allow orders up to 999,999 shares (some higher).
Because of competition, most brokerages have raised their limits and reduced their commissions over time. I remember when lower per trade limits were the norm.
Maybe time for your friend to do some brokerage shopping.
N° 4 on the most read boards !
It never fails. Buy one to get another and the first one rolls while the second one either sits or just keeps up with the first.
Today seems like a good day to get 20k back even though it's painful to have to pay the additional money.
Thats what i told him. he dumped a 20,000 share position at 1.84, he wants back in his other suitor kept pace for a while but is now resting. LOL
K, you lucky dog.
I missed the opening, but guessing MM's took out all the low hanging stops and are now reversing into momentum.
You're kidding, I suppose? Yes, it's possible. Have your friend buy 10,000 at a time until he gets what he wants.
Go CTIX!
Exactly...lol....how about you sell at 2.04 and I can fill the rest of my buy order.....Thanks, CTIX.
Got a small position filled in at $2.01 this morning so happy to be on board.
*K
Family man, I really think that there will be a PR before then but what do I know?
What I do know is that the presentation slides are due the 28th and last year we were able to get an early glimpse thanks to some very talented person on this board. I hope we get that glimpse again.
GO CTIX!
Very Strong! Rsi only 75 which is a perfect Bullish level for a very strong breakout before a small consolidation cool down phase.
It would be great to get above $2.20 before a slight pullback.
Looks like a break is about to occur...maybe right after lunch, or maybe in a few minutes.
CTIX Stock Message Board http://investorshangout.com/Cellceutix-Corpor...TIX-87375/
CTIX looking extremely Bullish and trading in a power zone that is not showing signs of being overbought.
Could close north of $2.12 today very easily.
I missed most of the first hour this morning.
Generally, a much higher premarket trade is a good indicator. Not a strong one, though. From my observation, when this occurs, often times the market pushes down, then recovers to the premarket high, even pushing higher. It's a mixed bag, but not an unwelcomed one.
Welcome
Kelt
True.
Each day starts fresh.
I do add to positions, if the opportunity is good. I do repurchase shares, even at higher prices, if the opportunity is good. Past is past. What matters is the future.
Situations are variable. I don't like chasing. I like to get in at cycle lows. But, I also like riding trends higher. Often, it is a matter of timing market cycles and benefiting from market psychology.
I'll never forget my first class in Economics 101. First paragraph of first page of the first lesson was Pavlov, conditioned response, and psychology. I never lose sight of the fact that Economics and Markets are people based. Psychology (emotions) does help explain most of what appears to be mysterious.
By the way, you seem to have got in at an opportune time. Immediately in the profit zone. Now, your only dilemma is how to manage it.
might be the two trades at 2.20 in pre-market that triggered it.
Thanks Keltoi!
INH:
I'm sure you have a much larger position at a lower price <G>
cheers
*K
When I started investing in CTIX, back at 0.35, Fidelity limited me to 5K shares at a time because it was a penny stock. They can have the commission if they want it, I've made it back many times over!
It just may be. If so, they are trying to get more commissions by having orders limited to 10,000 each. So your friend would have to place multiple orders if wanting more at one time.
Personally, don't know of any brokerage with such low share limits.
Each brokerage has its rules. Most will allow orders up to 999,999 shares (some higher).
Because of competition, most brokerages have raised their limits and reduced their commissions over time. I remember when lower per trade limits were the norm.
Maybe time for your friend to do some brokerage shopping.
N° 4 on the most read boards !
It never fails. Buy one to get another and the first one rolls while the second one either sits or just keeps up with the first.
Today seems like a good day to get 20k back even though it's painful to have to pay the additional money.
Thats what i told him. he dumped a 20,000 share position at 1.84, he wants back in his other suitor kept pace for a while but is now resting. LOL
K, you lucky dog.
I missed the opening, but guessing MM's took out all the low hanging stops and are now reversing into momentum.
You're kidding, I suppose? Yes, it's possible. Have your friend buy 10,000 at a time until he gets what he wants.
Go CTIX!
Exactly...lol....how about you sell at 2.04 and I can fill the rest of my buy order.....Thanks, CTIX.
Got a small position filled in at $2.01 this morning so happy to be on board.
*K
Family man, I really think that there will be a PR before then but what do I know?
What I do know is that the presentation slides are due the 28th and last year we were able to get an early glimpse thanks to some very talented person on this board. I hope we get that glimpse again.
GO CTIX!
