CTX.T (MC $8 M) Trading below cash +5 Marketed Products

Discussion in 'Canadian Stocks Message Boards' started by Biotechmaster, Jan 11, 2018.

  1. Biotechmaster

    Biotechmaster Member

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    Unknown and maybe the cheapest biotech you can get at this time . CTX has already 5 products on the market and another BIG product expect to be launched very soon in US and CA which is outlicensed to Taro Pharma a large pharma company . Another important point is that management and institutions bought massive shares in last weeks .This low float gem has everything to be the next 10+ bagger gem check it out guys before the stock gets discovered .glta



    Crescita Therapeutics (T.CTX)

    Market Cap: $ 8.4 Million
    Cash: $ 8.8 Million
    Price: 0.60

    Shares Out: 14 Million


    Crescita targeting $50-million in revenue in 5 years........December 05, 2017
    http://www.biotuesdays.com/features/2017/12/1/crescita-targeting-50-million-in-revenue-in-5-years

    Taro plans to launch Pliaglis in the U.S. in 2018, while Crescita is concurrently planning for the product’s Canadian launch and is currently seeking a licensing partner for the product in Mexico.


    Knight Therapeutics boosts Crescita holdings to 14.9%......2017-10-10
    https://www.stockwatch.com/News/Item.aspx?bid=Z-C:GUD-2514098

    "We are excited by Crescita's potential and expect only 'GUD' things to come from this investment," said Jonathan Ross Goodman, chief executive officer of Knight Therapeutics.



    [​IMG]
     
  2. Stoxline

    Stoxline New Member

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    Technically, CTX.TO has been showing support at 0.53 and resistance at 0.73. Stochastic oscillator and RSI are triggering bullish signal.
     

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