posted
Is now the time to buy CTIC (Cell Therapeutics Inc.)? It is trading pretty low (around .08 cents a share) and according to their website www.celltherapeutics.com they are on the verge of releasing three new drugs in 2009. What will this do for their stock? Last year at this time it was trading at $16.70 and has been in the past much much higher. Is this a stock that is about to catch fire? What are your thoughts BUY or WAIT? THANKS! ! !
posted
Well right now we're in a holding pattern because Italy suspended their trading. Due to this, Nasdaq suspended their trading. Overall I think this company is a buy due to the upcoming release of 3 drugs, which are currently in the fast track of FDA approval.
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