CTH forecastSorry, I didn't mean to attack in any way. More so just that this isn't in a 'nose-dive sell off'. I'm sure there are some people taking profits, because there are a lot of people that can take there 100+% and run which is great for those folks.
I think CTH is a great investment and they are onto great things in the next couple years.
It has been made public that they will need to do some financing/dilution/raise capital of some sort to complete all of there future trials. I expect this dilution of some sort will happen in the next 2-6 weeks. If it is pure dilution the share price will probably drop to around $1 or so. If this is the case I would recommend adding share for anyone who is seeing this as a longer term investment. If your in around .40-.5 like myself I would add some more if your in a financial position to do so. Same thing if you go in around 1.25-1.50 I would add more at lower prices.
Management is meeting with the FDA to set up the next trial and figure out the next steps. As long as the FDA is satisfied with the data released a month ago then there will be no problem moving forward with more trials and this will cause the share price to go up somewhat as that is a minor hurdle passed.
I would hold off buying more shares for a little bit until CTH raises more capital, and then if you can, get some more at cheaper prices.
But as we all know, the market will ultimately decide where things go, but I think CTH is a great pick for long term and can reach $5+ in a couple years.