Hi Folks, I have just started doing my homework
Post# of 72440
Posted On: 12/16/2015 8:37:48 AM
Re: daydreaming2 #16516
Hi Folks,
I have just started doing my homework on CTIX. I'm looking for a place to park my proceeds from the OCAT buyout. One concern I have obviously is the share price and the plan to uplist. After following Ocata for the last 6 years, I have to be skeptical of the idea that news will drive the price up and stabilize when the powers that be are determined to keep the price down. I know the company has stated they have no intentions of enacting a reverse split and also reading that they had rescinded an approved split in 2011 makes me believe them. Is that realistic? Every great news event with Ocata was short lived. So If anyone wants to offer their opinion on why they think CTIX will be different, I would like to hear it. I believe the company stated that the share price would need to be $2 for 90 days. That doesn't seem like a high bar, but I was very surprised to see this stock still under $2 after the mako article in Aug. Maybe the Company deciding to fight the attack will make the difference, I don't know.
Thanks for your thoughts. This seems like a no nonsense board and that's refreshing.
thttlpckg
I have just started doing my homework on CTIX. I'm looking for a place to park my proceeds from the OCAT buyout. One concern I have obviously is the share price and the plan to uplist. After following Ocata for the last 6 years, I have to be skeptical of the idea that news will drive the price up and stabilize when the powers that be are determined to keep the price down. I know the company has stated they have no intentions of enacting a reverse split and also reading that they had rescinded an approved split in 2011 makes me believe them. Is that realistic? Every great news event with Ocata was short lived. So If anyone wants to offer their opinion on why they think CTIX will be different, I would like to hear it. I believe the company stated that the share price would need to be $2 for 90 days. That doesn't seem like a high bar, but I was very surprised to see this stock still under $2 after the mako article in Aug. Maybe the Company deciding to fight the attack will make the difference, I don't know.
Thanks for your thoughts. This seems like a no nonsense board and that's refreshing.
thttlpckg
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