CTOR : Opinion - Will try to improve on my posting quality. Let me start over with CTOR. My thesis for entry was based on the fact that the stock price dropped dramatically, producing a seriously attractive discount for entry. The information I read that was relevant at the time of the drop would seem suitable for investors to get spooked and sell-off their holdings. But here is the thing. New news has come in and as important an understanding (this is a company in late stage having recieved FDA approval for its product). Late stage means, YES the early stage investor inflow of cash is coming to an end (always does) and the company is in cash flow transition from free money to earning money i.e. real sales revenue and profit margin recognition. FDA approval is NOT just a milestone but a go/no-go gate. And they have walked through that gate in fine fashion. And the language the executive used regarding the companies position was transparent and frankly spot on with respect to late stage business lifecycles (this mattered to me). He set expectations well in that regard. So for me, this stock was/is green across the board. I am looking for a new type of investor to come in to which analyist ratings could return to a buy. I will be looking for the price to return to it's pre-drop trend level around $38 in as quick a fashion as it dropped. Often a stocks price moves to within 80% of an analyst new price rating so I am looking for thier price to come in at 20% above roughly $38. There is a historical resistance level at roughly $46 so the 20% estimate uplift would fall in line. This also provides for a nice trading band ($38 low/$46 high) from which traders may start testing the $46 resistance level. In any given month, often any given two weeks, a stock will make a massive move of the likes this one would to return to its trend level. Sometimes the price sticks, sometimes it is a pop and drop. I am targeting $38 as a possible exit of my small lot size but I am not expecting it to be a pop and drop environment. I am expecting it to stick, giving me time to maximize my gain. - Opinion. Do you have a thesis on this stock? I would love to read it.Citius Oncology, Inc. stock forum
CTOR : Opinion - Will try to improve on my posting quality. Let me start over with CTOR. My thesis for entry was based on the fact that the stock price dropped dramatically, producing a seriously attractive discount for entry. The information I read that was relevant at the time of the drop would seem suitable for investors to get spooked and sell-off their holdings. But here is the thing. New news has come in and as important an understanding (this is a company in late stage having recieved FDA approval for its product). Late stage means, YES the early stage investor inflow of cash is coming to an end (always does) and the company is in cash flow transition from free money to earning money i.e. real sales revenue and profit margin recognition. FDA approval is NOT just a milestone but a go/no-go gate. And they have walked through that gate in fine fashion. And the language the executive used regarding the companies position was transparent and frankly spot on with respect to late stage business lifecycles (this mattered to me). He set expectations well in that regard. So for me, this stock was/is green across the board. I am looking for a new type of investor to come in to which analyist ratings could return to a buy. I will be looking for the price to return to it's pre-drop trend level around $38 in as quick a fashion as it dropped. Often a stocks price moves to within 80% of an analyst new price rating so I am looking for thier price to come in at 20% above roughly $38. There is a historical resistance level at roughly $46 so the 20% estimate uplift would fall in line. This also provides for a nice trading band ($38 low/$46 high) from which traders may start testing the $46 resistance level. In any given month, often any given two weeks, a stock will make a massive move of the likes this one would to return to its trend level. Sometimes the price sticks, sometimes it is a pop and drop. I am targeting $38 as a possible exit of my small lot size but I am not expecting it to be a pop and drop environment. I am expecting it to stick, giving me time to maximize my gain. - Opinion. Do you have a thesis on this stock? I would love to read it.CTOR: Opinion - Oh how I get myself in some pretty challanging trades sometimes LOL. Entered today with pocket change. Even though there is no buy signal and even though they reported doomsday operating cash challanges last month (probable reason for whopping price drop) news came out about an agreement with a medical provider with some solid market capture. I have zero fear when it comes to taking risks and it often results in bad trades but dang it, I loves me a company fighting to survive and it pulls off a win of some kind LOL - Opinion