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TOPIC: CYTXZ

CYTXZ 27 Nov 2018 15:55 #12373

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Fas, what do you suppose caused the high-volume drop today in CYTXZ ??

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CYTXZ 28 Nov 2018 06:57 #12374

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No - I dont have a clue.

Too bad - by coincidence, I just was a half hour too late in my IB account and would have taken the 400K traded at that price (0,0007) if I would have seen them in the ask column. I did take the left-over (700) but couldnt get any more. The IB trading system is not designed for illiquid ticker symbols :really:

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

CYTXZ 28 Nov 2018 08:25 #12376

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fas wrote: No - I dont have a clue.

Too bad - by coincidence, I just was a half hour too late in my IB account and would have taken the 400K traded at that price (0,0007) if I would have seen them in the ask column. I did take the left-over (700) but couldnt get any more. The IB trading system is not designed for illiquid ticker symbols :really:

/

I just returned yesterday from vacation and noticed the CYTXZ action after the close - I too would have gladly taken the large block at that cheap price - I just wondered if there was some warrant related news that may have triggered the dump at such a low price??

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CYTXZ 28 Nov 2018 09:01 #12377

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No -there was no news. Remember the CYTXZ warrants were separated immediately from the Series B and became tradeble in October 2017 I think it was.

There was a "corporate action" notification on the Series B to convert the series B into common by November 27 last Saturday. I did not recall that there was a due date on them (I do not think there was one), but converted just to make sure, since I was too lazy to check back in the filings.

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:
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