Apparently you're not getting where I'm coming from. You see, I don't care if it keeps climbing. I'd rather take the money I see than buy and "hope", errr, I mean buy and hold.
CTSO isn't the only stock out there that trades in ranges.
Buy 4.10, sell 4.60
Wash, rinse, repeat.
Anybody waiting for 10-20 before they sell is foolish IMO. Trading this stock is the only way I'd be buying this.
Buy below 4.20 sell 4.50-4.70
Do that 4,5, 8, 10 times and you'll effectively be netting a sales price of $7-$10 even though the PPS might still be in the $4's.
Do this if you 'must' buy this stock, that's my recommendation.
When? Probably never. There's only one thing that will move this stock and that is a buyout announcement.
I used to think sales could move this, I mean more than for a day or so, something sustainable. But I no longer believe sales alone will meaningfully move this stock sustainably higher. Why? It's obvious actually. Here's why: We used to have NO sales and the PPS was HIGHER!!
It's like the frog in a pan of cold water on the stove. As the heat gets turned on and increases slowly the frog doesn't even notice. Same thing here with CTSO--THEY HAVE SALES and the price is as lethargic as that helpless unaware frog.
Mark my words this stock will only rise to its buyout price AFTER that buyout is finally announced. Sales are too random and mediocre to create excitement.
Many long time longs finally, after years, have realized this and are gone.
Back when there were hardly any accomplishments, and zero sales. Any little whiff of 'the dream' looking even 1 iota possible as the next step and this thing would soar. I have my doubts we'll see much of those super spikes anymore as the only real viable trigger point left to hang onto for super price spike is sales. And those are painfully slow in advancing.
Price performance reminds me of that old song with the words "The thrill is gone...." There's just not much left anymore to get excited about.
It's going to be controlled by the insiders, mutual funds and hedge fund's vote, the big boys.
I'd be more curious to know how the big boys feel. You and I are just along for the ride.
I'm wondering do I buy more shares lower, or is $17 going to as low as we go from here on out, which in case I'll buy more now.
I've tucked shares away for the long term, and have a few trading shares I'd like to unload on a spike to about say $20?
Goes higher in a "deal" rally?
Go down in a "deal" angst?
I like the longer term prospects of WMB at these prices. I just can't get a handle on what happens short term, if a "deal" goes through??
Same questions as above for stock price, only if it turns out there is "no deal"??
When asked at that last earnings conference call, Chan couldn't give an answer, nothing, not even a guess, as to Fresenius' sales ideas/goals/etc.
The market recognizes that as Fresenius not really having any idea how this device might be adopted in the real sales world. Still a big unknown.
Why pay up for an unknown? That's what's happening here. Slow adoption, meager sales, and a continuing list of hurdles to clear on multiple fronts. A lot of unknowns here really. $3/$4 is all this is worth right now, and who knows for how much longer?????
Potential investors might be wondering why there's only one per week, like that's all that's being accomplished. The filter works about once per week. It doesn't look good for massive sales to be effective once a week.
Pears I was with you about the silly celebrating over a 3.50 PPS, and I was going to give you a thumbs up. Then i lost you with your ending conclusion of there being NO near term catalysts to move share price up. If Fresenius can sell large amounts of filters that would be a catalyst. So I'm holding off giving you a thumbs up.
I think you're delusional if you think anybody on this message board is so stupid as to sell short this stock.
Instead you sound like you got your head stuck in the sand and just absolutely can believe a long would be totally disenchanted, frustrated, disgusted and busted from so many years of holding this stock with nothing but losses to show for it.
I blame Chan for most of this. But even more than Chan I blame myself for not selling on every spike I could have.
because there isn't any news. Whoever came up with that nickname seems to allude to there is news, but Chan won't release it. I myself think he's not holding news back. I personally think there is no news to tell.
Other than sales. If there was meaningful need to release I think he would. I don't think Chan is quite as inept as some here think he is. I think there literally, flat out, is just no news to release.
The actual raw data Chan does have access to, and by and large released very little if any, is data that in total is inconclusive. And I can see why he's not going to tell us that!
The marketplace can be played for awhile on Wall Streets visions of grandeur. But eventually people start figuring it out.