Eyes is right.Somebody,a potential Partner is buying up these shares.Volumn is now 7X normal for CYTX.They,whoever they are are getting shares at BARGAIN BASEMENT price.I have a feeling we will know shortly who is our NEWEST partner.Thanks for the dilution CC.I do however see a $10.00 PPS in 2013
I see dejection and disgust but I am not sure I see wholesale retail panic. That must be very annoying for the powers that be. The volume is certainly large but there is probably a lot of stock rotation in order to give the impression of mass selling. Are the shorts covering ........ can't be sure but I don't think so. Hopefully the new shares will be bedded down with institutional holders who are long term investors. If so, the shorts now face a funded CYTX with a plethora of pending positive events .......... Profits exist only when booked .......... I am still long & they are still short.
I think shorts are covering looking at volume. they are most likely buying back cheap shares with profits. Based on volume I would speculate that any bump we would have gotten from good news down the road will be eliminated with covering. Looking to see some movement on the mangement front.