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axzhycmv52
10-07-2015,
Anyone buy this? I'm wondering if I should buy more. I bought at $ 1.21 12/6 and it's gone up 84%. actually higher since it last traded at 2.39. Definitely won't be selling before Mid Jan.

aowiukalu
10-07-2015,
The way these bio-techs trade, they've been running up to FDA decisions and then tanking. Look at what ALXA did after getting approved even. Down 20% AFTER it was APPROVED. The trade is a RUN-UP trade. Bio-techs have just traded this way recently thanks to the popularity of this style of trading. So if you want serious advice; take some profit while you're up 80%, and buy it back on dips. If you really want to gamble that these drugs are truly humanity changing as so many claim then this is one of those stocks you could be flipping for free shares JUST in case good news makes it gap up. If for some reason bad news comes and it gaps down then you're still in the money. Bio-techs are always risky. Besides CTIX has been pumped heavily the past few weeks; so take some PROFIT!!!

Did you see the SEC filing after hours today? Someone exercised their options from .20 & .10 per share. Someone will be selling 2 million shares soon.

On December 19, 2012 the Company issued 320,000 Class A common shares par value $.0001 to a consultant upon exercise of stock options granted to him pursuant to the Company?s 2009 and 2010 Equity Incentive Plans of which 80,000 were granted on March 2, 2009, exercisable at $0.14 per share; 200,000 were granted on February 8, 2011, exercisable at $0.20 per share; and 40,000 were granted on February 17, 2011 exercisable at $.20 per share. The Company received $59,200. The issuance was exempt from registration under Section 4(2) of the Securities Act. On December 21, 2012 the Company issued 1,680,000 Class A common shares to a consultant upon exercise of Stock Options granted on December 29, 2010 under the Company?s 2010 Equity Incentive Plan and exercisable at $0.10 per share. The Company received $168,000. The issuance was exempt from registration under Section 4(2) of the Securities Act. All of the options were granted at the prevailing market prices on the date of the grant
http://www.sec.gov/Archives/edgar/data/1355250/000135525012000057/reportexe_8k.htm

Good Luck!

arupictb11
10-07-2015,
Thanks for your reply. Clearly, I'm fairly green at this.

I have seen that SEC filing. So my understanding is that this consultant doesn't have to sell his shares at this time, right? I mean, he likely will, but he doesn't have to. Also I noticed that the bulk of his shares were granted on Dec 29, 2010, so would it be possible that he has a 2-yr vesting period and in which case, he might sell on the first business day after the 29th, which would be on the 31st.

Sorry if these are dumb questions/comments. I'm a Junior in college and trying to learn practical investment strategies. I did sell half of my holdings in CTIX at 2.41 and plan to hold on the rest unless it goes below 2.00. Will be looking for opportunity with those dips you advised. Thank you again.

auedakovotisi
10-08-2015,
Nothing wrong with being green, have to learn somehow right?

The consultant probably won't sell all at the same time no, but when he just bought $4,000,000 worth of stock for $200,000 of course he's going to take a little bit off the table which may cause a pullback after an already large run-up.

bigqwhyv78
10-08-2015,
Starting to head back up. Broke through 2 and if it holds in the morning could be in for a good day. Risk is if 2 fails, so not a a big risk depending on where it opens.