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CTIC The Next Bio-Tech Star!
Check out this article CTIC The Next Bio-Tech Star!
What makes me laugh are all the bashers on this board. Shorting a 30 cent stock is pretty dumb! Compared to longing it. Sure you could drive it to 1 cent however the odds are that you'll make more going long. The potential gains outweigh the potential losses.
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I agree
Will throw a couple hundred bucks at CTIC next week just for fun
Maybe it will be the next XOMA, maybe not
Sure beats waiting for FDA
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I was just reading about CTIC and found out that the CEO sold 368,621 shares. Cell Therapeutics Inc. (CTIC) CEO James A Bianco sells 368,621 Shares -- GuruFocus.com
He did the same thing in 2010 before the company was meeting FDA in March 2010. It didn't go well with FDA and the stock fell to 12 cents a share in 2010. I don't know if it is planned sale or something bad to come. I would be cautious.
Last edited by austinhitz; 03-28-2011 at 04:46 AM.
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how to make money with ctic. buy in the 20's and sell in the 40's..repeat as often as you can........if you believe they are going to get approval hold a core position but play the dips and spikes.
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more downside than upside
wait for 0.22 again
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