MitchC
08-30-2009, 08:06 PM
Hi, I'm Mitch, a new member, and very pleased to be part of the forum. I look forward to contributing in a positive way.
I wanted to post to discuss Cell Therapeutics. I am subscribed to several penny stock newsletters, and was advised about CTIC. However, I also did my own research, and found out that Yahoo finance projects the one year target for CTIC to shoot up to $50 a share. Anyone who is following CTIC, is aware that the company is awaiting FDA decision and approval for their new experiemental cancer drug, Pixatrone.
Anyhow, I was just interested to know what other forum members have heard about CTIC, and also whether it is realistic to expect a a stock that is currently trading at slightly over $1.50 a share, to skyrocket to $50 a share in one year's time. I would also be interested to know if Yahoo finance is usually correct, or far off, about their one year target prediction of stocks. Any information that forum members would have about this topic would be appreciated. Thanks.
Mitch
I wanted to post to discuss Cell Therapeutics. I am subscribed to several penny stock newsletters, and was advised about CTIC. However, I also did my own research, and found out that Yahoo finance projects the one year target for CTIC to shoot up to $50 a share. Anyone who is following CTIC, is aware that the company is awaiting FDA decision and approval for their new experiemental cancer drug, Pixatrone.
Anyhow, I was just interested to know what other forum members have heard about CTIC, and also whether it is realistic to expect a a stock that is currently trading at slightly over $1.50 a share, to skyrocket to $50 a share in one year's time. I would also be interested to know if Yahoo finance is usually correct, or far off, about their one year target prediction of stocks. Any information that forum members would have about this topic would be appreciated. Thanks.
Mitch