The sky is falling? Ummm ... no ... the sky has already fallen. Three years ago this turd was twenty dollars a share. Now, excuse me as I go back to watching you hold that bag.
They won't have lots of cash when those who bought the offering sue to get that money back.
There is effectively no bottom here, and the sellers know it. Doesn't help when the office of the CEO at CYTR just stopped answering the telephone.
It's always something, isn't it? I guess you're just lucky in that there is always somebody else to blame for this turd.
It's not about charges, it's about whether somebody wants to buy your stock if you exhibit bad judgement.
Company stock price drops thirty some percent in less than a month and he wants to have a 'conversation'. What exactly is there to discuss?
General biotech selloff, the stench from GALE, CYTR CEO selling GALE options at the top, the fact that CYTR is also mobbed up with the DreamTeamGroup, and the fact that CYTR pre-released earnings without comment and then went silent just makes the company look more guilty, and the longer nobody says anything the more guilty CYTR CEO looks. Note that CYTR fell even more than GALE today.
Anybody who wants to step in front of the buzz saw that's been going on here every afternoon is a fool, I don't think this is a lot of shorting the stock, I think it's more people who made money on the gap up from $3 and are just bailing out. Thank your lucky stars you weren't one of the suckers who bought at the $6.50 offering, Jefferies really blew this one.
For days now, makes one wonder who the heck would even buy it in the morning anymore. It doesn't take much to see it getting stepped on day after day in the afternoon.
You must have your own special version of a CYCC chart. On 2/24 the lower BBand on CYCC was at about 3.58 and the low on CYCC was 3.76.
I keep telling you that I am not short CYCC, and you still haven't pointed to that day in the past month where CYCC hit its lower BBand.
Don't remember making this post, must admit that I was wrong here, but with that said, are you actually trying to make the case that I have been wrong on this board more than you?
I think generally I have been right on CYCC a lot more than I have been wrong, and I think that any objective person would say I have been correct on this board on a lot more occasions than you have.
And I'll bet that you have zero background in logical fallacy and have spent precious little time in a logic and critical thinking class or you would know that ad hominem attacks only make you smart in the very small confines of your own head.
Find that post where I said "2's", and again, I may be clueless but I don't spend my day on this message board insulting anybody who doesn't agree with me and making grandiose predictions that never come true.
Yeah, right, it's banging on the bottom band. Today the lower BBand is at 3.75, and the price going back for more then a month has been LOWER than 3.75, not higher.
With that in mind, and your superior chart reading skills, tell me on what day in the past month CYCC has hit its lower BBand.
Beyond that, look at a 12, 26, 9 MACD and try to convince anybody but yourself that it's 'winding up'.
"That is a big no no and Mr Rombotis understands and lives that"
Unlike you I don't opine about things I don't know anything about. I would venture that not only have you never met Spiro Rombotis but that you don't diddily about what Spiro Rombotis knows or understands.
As to this company not being 'leaky', for as long as I have been following this stock price action has always preceded news releases, and anybody else who has followed this stock for any length of time knows it too.
As to the chart not bending down, look at the MACD, look at the twenty day moving average, look at the fifty day, although it flattened out for about three weeks, it IS drifting down, not up.
As to my being "F.O.S. as usual", I've been making money here for the past year or so, and I would bet all of that money that you haven't.
If there was any positive news there would be buying in this stock, not selling, especially given the leaky nature of this company. The fact that there is selling and the chart is bending down, not up, is NOT a good sign.
Upper and lower BBands VERY tight. CYCC is wound up like a spring -- too tight -- something HAS to happen very soon. 3.86 is todays pivot point. Something convincing above 4.09 is the breakout price. VERY strong support at 3.78 'cause techs know that below 3.76 and the chart breaks down again with a 3.61 downside price.
Short term P&F has said 4.61 for more than a week now. Has to close either above 4.09 or below 3.77 soon.
Stock is broken. Looks like there has been support in the aftermarket and for a while there was a lot of buying in the morning but there has been heavy selling in the afternoon for days now. Too much of a gap between the jump from 2.39 to 6.12 and the 6.50 secondary. This is a traders dream if you are extremely light on your feet. I think a lot of this is fallout from GALE given the history of GALE and CYTR and CYTR CEO on GALE board, stock sales, etc.
Gonna' be caught up in turbulence for some time I think. P&F says will go to 4.93 but I think 5.46 is the bottom here. I think we will see 5.46 again soon notwithstanding some positive event, but also can't believe the secondary was underwritten at such a premium without LOTS of DD having been done.
I've never been able to figure out the attraction that homoeroticism has for a certain segment of the Yahoo message board population.