Not all of us knew the magnitude of what the short
Post# of 72445
Posted On: 10/26/2015 11:46:47 AM
Not all of us knew the magnitude of what the short cabal had planned for this stock.
Many of us (including me) criticized management for various things, but to blame management for being the target of a well-funded, well-organized short attack is absurd.
You have made it clear that you have a personal animosity toward the CEO. Please try to put that aside and think about this: look at a company like VRX that has been a stellar performer, trades on the NYSE, and has been featured (pumped) by Cramer repeatedly. If THAT company can be brought low by a short article/attack, how could you possibly expect any CEO to prevent that from happening to CTIX?
Please don't give us the uplist stuff again. Did being on the NYSE protect VRX?
This is not NNVC. In much less time than the decades NNVC has taken to get to the point of claiming they need to do more animal testing, CTIX has gotten 4 human clinical trials going for 3 different drugs. This is an entirely different situation.
My own belief about this short attack is that CTIX first came on their radar because of the big moves up. Then, after the short attack succeeded so well, they decided to try to drive it down as far as they could so that they could load up on cheap shares. That loading started last week and is continuing today. 371,000 shares after 2 hours of trading tells us that someone is actually buying here (or at least covering their shorts).
Many of us (including me) criticized management for various things, but to blame management for being the target of a well-funded, well-organized short attack is absurd.
You have made it clear that you have a personal animosity toward the CEO. Please try to put that aside and think about this: look at a company like VRX that has been a stellar performer, trades on the NYSE, and has been featured (pumped) by Cramer repeatedly. If THAT company can be brought low by a short article/attack, how could you possibly expect any CEO to prevent that from happening to CTIX?
Please don't give us the uplist stuff again. Did being on the NYSE protect VRX?
This is not NNVC. In much less time than the decades NNVC has taken to get to the point of claiming they need to do more animal testing, CTIX has gotten 4 human clinical trials going for 3 different drugs. This is an entirely different situation.
My own belief about this short attack is that CTIX first came on their radar because of the big moves up. Then, after the short attack succeeded so well, they decided to try to drive it down as far as they could so that they could load up on cheap shares. That loading started last week and is continuing today. 371,000 shares after 2 hours of trading tells us that someone is actually buying here (or at least covering their shorts).
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