Quote:Hound, thanks. I think it's just a function of market makers doing their job
You are exactly right Grotty.
No question in my mind that CTIX's share price has been and continues to be manipulated. Unfortunately it's an easy target as are most start up biotech companies. Most of these type companies experience drops in price as we have on multiple occasions as they grow. Some collapse, some thrive.
The use of FINRA's daily short sale volume reports on a daily basis to support a theory that abusive naked short selling and short interest are in control of CTIX's share price is total horseshit. I'm fine with AlanC having her opinion on abusive naked shorting and even that naked shorting is responsible for some of what is going on with CTIX but I can't stand her pointing to FINRA's #'s every damn day as proof that it exists here at CTIX.
Il shut up on the topic for now as I agree it muddies the waters.
Hound