CTIC going nowhere but down back to $2.00 in the near-term

Discussion in 'Stock Market Forum' started by Katang Finance, Feb 18, 2014.

  1. Katang Finance

    Katang Finance Guest

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    Don't you just hate stocks that leave price gaps? Remember trading rule 101........ALL GAPS MUST BE FILLED (sooner or later). In the case of CTIC, this recent downtrend has just started and going back down to $2.00 where the stock should be before all the BS hype.

    CTIC doesn't deserve to be valued at the near $500 market cap with 1 lousy European "conditionally-approved" drug that is making peanuts in terms of revenue so far. If it ever reaches profitability, most shareholders on this board would've already committed suicide (due to negative ROI over the last 20 yrs of investing in this turd) or die of just being patience.
     
  2. Gomer

    Gomer Well-Known Member

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    I held this stock for 3 years just waiting... It's junk.
     
  3. wanderingwildman

    wanderingwildman Well-Known Member

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    I am quite glad I never invested in this stock. A friend of mine tried to convince me of this one a few years ago. He is finally going to sell it now. I wish he would have done it a long time ago.
     

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