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TOPIC: Cytori Therapeutics Inc (NASDAQ:CYTX) Is Expected To Breakeven

Cytori Therapeutics Inc (NASDAQ:CYTX) Is Expected To Breakeven 28 Sep 2018 07:53 #12277

  • b767cpt
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Interesting article from Simply Wall Street posted up on Yahoo Summary, question is, what’s their track record?

finance.yahoo.com/news/cytori-therapeutics-inc-nasdaq-cytx-190237834.html

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Cytori Therapeutics Inc (NASDAQ:CYTX) Is Expected To Breakeven 28 Sep 2018 08:43 #12279

  • myownhedgefund
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We have heard these types of projections from the likes of DOV and Maxim...which imho were overly optimistic at the time.
I put zero stock in this right now.
1. Cytori still has a serious going concern issue
2. The drugs to provide sales currently have no partner, currently have no FDA approval and are currently under the control of bazos
3. Lincoln Park wants to sell their recently acquired shares imho....so perhaps you can read between the lines there.

BTW after a few days of shares available, CYTX is no longer shortable at IB

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