Posted for the sake of any people who are not fami
Post# of 72436
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Scottsmith initially posted:
http://investorshangout.com/post/view?id=3564166
Quote:
Stating that it might be a good idea to withhold from buying until after P results should not be an amazing conclusion. It's just prudent risk management.
When that was shown to be far from prudent, you then changed your position to:
http://investorshangout.com/post/view?id=3564996
Quote:
If I didn't own shares in CTIX, I would scale in starting now and fill out my pisition [sic] after P results , regardless if they were positive or negative.
Now he is claiming that I said something I never said. A word to the wise: when someone says "is it fair to say that...." it is NEVER fair to say whatever words it is they put into my mouth.
Here's what he claims I said:
Quote:
2) You think it is unreasonable and unwise for an investor new to ctix to scale into a ctix investment.
I never said that. You are making a false claim as to what I have posted, which is here for all who want to spend time going back through old posts.
As you know, I did not say that it was "unreasonable and unwise" to scale in to this stock. I stated that I thought it was foolish to wait until after a stock runs up to buy it (as YOU advised), when it is grossly underpriced now. This was not, as you claim, a discussion of your second, CHANGED position that you assumed when your first advice to ""withhold from buying until after P results" was shown to be NOT "prudent."
Likewise, you are claiming that I stated something I did not post regarding the Prurisol trial. You were attempting to start a discussion of how low the CTIX price would fall if the Prurisol trial failed, a false premise that I discussed already. As I have stated, it is futile to discuss share price in your scenario, because we have no idea what CTIX's share price will be before any Prurisol results are known; we have no idea whether there will be news from other clinical trials that may be impressive, as many of us expect. As I stated, if this stock is at a much higher level because of good news from other drugs, even in the event that Prurisol were to be disappoint which I have no reason to expect and for which you have no special knowledge either , the effect on the stock would be much less than if it were the only drug that this company were pursuing.
For the record, I have defended you in the past when people accused of of being a soft basher. Your recent posts have changed my mind. My apologies to those people, as I acknowledge my mistake.
It seems evident that you are very interested in trying to get people not to buy this stock. Perhaps you yourself have not bought your full position.
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