Ctic

cloverleaf · Feb 15, 2010

Any advice on this stock???

:smoker2:

kuwlness · Feb 15, 2010

cloverleaf said:
Any advice on this stock???

I'd avoid it for now. Especially on the news from last week (http://www.finanznachrichten.de/nachrichten-2010-02/16091510-update-3-cell-therapeutics-drug-draws-us-fda-staff-concerns-020.htm)

I'd recommend waiting until the Bulls have a better case, because with last week's news, the Bears are gonna be running the show for the foreseeable future.

Then again, 15% of the Float is short, so a short-squeeze on good news is very likely.

cloverleaf · Feb 15, 2010

Thanks Mr. K.

I appreciate your help!

kuwlness · Feb 15, 2010

cloverleaf said:
Thanks Mr. K.

I appreciate your help!

No problem. A few other speculative Bio-Pharma names I'm invested in (at least for the near-term) are:

BNVI
CVM
CYCC

Just food for thought if you're looking for more exposure to the American bio-pharma industry -- which I think is one of the best industries to be invested in right now (outside of China of course, lol).

Let us know what you end up doing : )

cloverleaf · Mar 9, 2010

Back in the middle of February, I bought 3200 shares of Ctic @ .68. Yesterday it hit a high of $1.25 and settled in around $1.15. I don't know if I should sell or wait on the April approval/disapproval of a drug.

Any thoughts are welcome.

erwinmark · Mar 9, 2010

On these types always prudent to take profit, or at least get your money out of the deal. You won't make killing, but you won't get crushed, if the news is bad.

I always ask myself, did the story change? The news attached, kind of sounds like it did.

cloverleaf · Mar 9, 2010

ER...you got some smarts my friend.

I'm a veteran of gaming....kind of new to stocks....learning but love this stuff.

Thanks Bud...appreciate your interest.