Let's all chill out this weekend. The shorts would
Post# of 72440
Let's all chill out this weekend. The shorts would love to have us at each others' throats.
NOTHING HAS CHANGED with this stock. We still have one drug in human trials, another drug heading rapidly toward human trials, a solid line of credit available which can only be called a sweetheart deal for CTIX, good communicative management, and a genius scientist developing the drugs. And major cancer centers in the world running the trials.
I think lots of us are chagrined that we didn't take some profits at the top. However, when you start figuring out the hit you would have taken on short-term capital gains, the hit we've taken now in stock price isn't as terrible as it looks. For those of us who want to sell at much higher levels, we just need to grit our teeth, ignore the bashers, ignore those babies at the other site who have to keep reminding us how brilliant they are, and move on.
And as far as the fantasy that Leo Ehrlich can somehow magically "stop this" move down in the stock, well, obviously that's ridiculous.