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I was just making a point..
OK..
This line should hopefully clear up the biggest bone of contention between the so-called negative COR posters on this board and the positive ones..
"Right now our job is to execute and get this all done. The stock price will follow if we do our job well. Roger "
++The current sotck price should follow his logic as well.. stock price bad = Roger not doing his job well..
This is the point that Jim, myself, and others have been trying to say for months..
COR management is responsble for the stock price performance..
Roger has said it himself..
SO, to Neuro, et al, stop the nonsense of discrediting comments that bash Stoll and his management staff for the crappy pps with your replies of "You made the decision to invest in COR.. It's your fault you lost money. They can't do anything about the FDA"
Stoll and his management team have a great platform and huge opportunities for 2008 to bring the pps up to par with the potential of the IP..
It is on his shoulders to do the heavy lifting... it is HIS fault if he fails, and HIS credit if he succeeds..
You have no idea how much I am hoping I am able to give Roger and his staff many kudos next year..!!
You gotta admit, it's nice to see COR maintain its recent run-up after a Stoll con call..
This is even without a Freto induced pump and dump..
Very nice day..
If COR isn't going to go forward with CX-701 since it'll take 7 years before it comes to market, why don't they sell it??
I'm sure a BP can cut that time period to market significantly..
It seems a bit silly to just let it die on the vine..
on a call for work and in the dark here..
please keep the comments coming on the presentation!!
Thanks!
Freto,
I'm going to give you the benefit of the doubt and assume you have a lot of experience looking at stocks like COR..
I don't agree with your "shiney" track record of never being wrong and having never gotten burned on your methodology, so don't take this question as an endorsement from me ;)!
My question is this... I know that you are more concerned with COR having a nice pop over a couple day period.. get your 10% pop, and then get out.. As a long in COR, I am not concerned in a 10%, I'm concerned on COR gettting back to $2..
How often do you see these downtrodden stocks like COR make a comeback?
It was purely said as a joke.. BUT, it is true from an investment perspective..
From a science perspective, I read Neuro's post religiously.. He is a brilliant guy, just not market savvy..
The best thing in the world for all of us would be if Cortex makes some big announcement tomorrow about getting bought out by Merck.. The stock goes to $5 a share.. Stoll and CO. go to jail (ala Martha Stewart), and all of us that decided to hold on make out like bandits..
Mouse is happy, NI looks like a genius, all us longs are happy, both personalities of gfp are happy (a joke!)..
Everybody wins !
On a serious note, I think we'll definitely know if the recent buying by COR management is related to upcoming good news by the subtle details and tone of the presentation..
If it's the same old same old, then the stock purchases were probably no big deal.. If there is some positive tone in Stoll, with some hints of good things to come, then I think we're in for a great 2008.. Although, compared to 2007, anything is better..
Aiming,
Is this published by the same Neuro that posts on this board?
I hate to say this "sigh", but, the reason COR is having any action is due to the penny stock day traders making a hundred bucks here, and a hundred bucks there..
COR isn't going to move back up towards $2 gradually..
It's going to go in giant .30-50 chunks..
I truly believe that the only folks that even care about COR at the moment are the folks that have been around for a while..
What we need are new investors with visions of a $3+ COR.
The only way that is going to happen is real news and not just wishful speculation..
However, on the bright side, for those of us (me included) who have a good feeling that the pendulum is due to swing in the other direction for a while (good news and nice upward pops instead of crappy news and pps tanking), this is a GREAT time to load up the boat at .50 a share, and make up the losses from October's nightmare, and maybe even get some profit after that ;) It may be a while, but, we are getting on the train before it takes off..
Have a great weekend everybody~!
nm.. scs has made good money off of looking at pennies tick up and down.. unlike you, who has made pennies looking at good money tick up and down..
That's the great thing about next year.. Busch will be gone, and he doesn't have any sons to take over for him ;)
He "could", if only he would bring something new to the table.
He has been saying the same thing for months..
There isn't one single person one this board that does not get his point..
I'm stupified by why his continues to rattle off the same thing over and over and over again..
Preferred stocks, Money Markets, CDs..
Guaranteed return, and the cash available to get some cornerstone stocks (with nice dividends) on the cheap..
I did this move for 16 years and did very well.
Then, I loaded the boat on COR and lost almost everything I gained over those years.. ;)
My plan would have worked great if only I stuck to it..
If you have a nice nest egg and haven't had it gutted by a COR-like stock, the aforementioned plan will make you a nice return..
**If only I could take advantage of this plan..
-In times when the market has made you a nice profit, don't get greedy.. take your money off the table, put it in a guaranteed return, and then buy bargains like a kid in the candy store once the DOW hits 12,000... It may not be as exciting as taking some chances, but, it'll ensure you retire in style..
Learn from my mistakes.. at least someone should beneift from them ;)
Good luck~!
mouse..
Unless you have atime machine, stop bringing up the past.. It won't get us our money back..
GFP et al..
What the heck are you talking about??
You keep implying that buying shares is a "desperate" move?
You make it seem like someone is giving them the money to invest and they are betting on COR shares like buying a lottery ticket or throwing a hail mary..
"The situation is the same for Stoll and others at Cortex - most of their options are too far underwater to realistically ever be worth anything. Maybe they'll step up to the plate soon also, but their doing so will be as much out of desperation as out of any high level of confidence."
Wouldn't the more prudent move (if they thought COR was such a long shot) to either:
a) Not invest their cash in the market at all
b) Or invest in something that has much more potential than COR
It's not like the money they used to buy this stock is a free play at an online casino..
1)They had cash in the bank..
2) They decided to invest that hard earned cash in the stock market
3) They looked at all of the available options, including their own compnay who's stock had plummeted over the past few months
4) They made a free will decision to put money into COR over other investments..
How the hell is that a desperation move and not confidence in COR's long term prospects?
You are not making logical sense here.
gfp,
Come one, you're better than that!
"Jerry, Another way to look at it - they realize their options will never be worth anything, so the only chance left for a big payday is to buy some stock at 0.50 cents and pray."
Why would they not invest their money in another stock instead of putting it in COR at .50 and praying?
They had cash to invest, and had thousands of investments to choose from.. and in the end, they chose to invest in COR.. the same company that they own massive underwater options in.. Why would they go back to that well unless they think it's hitting a nice new source of water in the near future?
As for the talk about this not meaning anything for the insiders can't buy in prep for an upcoming buy-out,
that's also a pretty shortsighted assessment..
They see the writing on the wall for late 2008..
In the meantime, the sotck will jump on good news in early 2008 (RD, etc.), then will probably be bought out at the end of 2008 well over $2.00..
This is the ONLY time they could get in legally.. i.e.- a full year out before the eventual buyout..
This is a GREAT sign for the success of the early 2008 trials (and a parallel pop in the pps over a $1), the beginning rumblings of a possible buy-out (popping the pps up close to $2), then an eventual buyout in the mid-2s to low 3s.
I have gotten my average cost down to around 1.80/share..
If these thing unfolds out like I think they will, I will be able to forget that horrible October day, and have several hundred thousand to show for my patience..
got it.. thanks~!
sc..
btw- I bought 40k additioanl shares the past few days at an average of .46 .. I guess if you look hard enough, there's always some way to find some extra $$ ;)
If R&R is working to bring the price of COR down to a firesale for an 'unknown' BP, and let's say it works, and COR ends up being acquired for $1 or less, wouldn't all of us COR followers have the inside info to make some serious $$ off of the BP that takes out COR on the cheap? Let's face it, COR is a POS in the mids of most folks.. They'll just scoff at the purchase of COR for a buck a share..
The acquiring BP would have this huge potential, would have bought it on the cheap, and, it will have the money to see AMPA's to fruition... That BP could be skyrocketing in the near future once they put their cash and manpower behind COR's IP..
I'm not saying this is the ideal route (I'd much rather see COR reach $2 and beyond on its own, or get bought out in the $2.50s), however, there is a sivler lining if someone comes in over the next 6 months and swoops COR on the cheap..
Even as a plan F, I think I'll still see a nice recovery to my COR losses... eventually ;)
gfp -
"Pierre Tran's flip comments about the poor selection of food in Indianapolis as a factor in his employment decision also suggests that he may not be the driven, focused type that you'd ideally want as CMO."
Seriously? The guy was joking around a bit in an interview.
Don't you follow sports? Atheletes and coaches always joke around when they go to a new team like this..
You know better than that gfp ;)
gfp..
I agree partially with your reasoning.
A quick question for ya..
You mentioned that you think a buy-out offer (after good RD/AD results) could fetch in the mid-2s.. But, because of the current level of the options, that management would probably not accept this..
I'm not an expert on buy-outs, but, even if COR's management rejected the buy-out offer at a mid-$2 price, wouldn't that be just as good of a thing as in the case of lowering the stock options so COR's mgt would accept?
My thinking is this:
a) The offer would probably be public, right? Especially if the BP wanted to let the shareholders of COR know that an offer is on the table. I assume they have to legally disclose this, and the shareholders get a vote on the offer?
This would dirve the price up to just under the offer price (this is what is typically seen when an offer is on the table), and we could all get out at a mid-$2 price prior to the rejection.
b) The offer announcement of an offer on the table might start a bidding war, and, may get the asking price to something mgt would accept under the current stock options
c) If COR's mgt rejected the offer, it would send a clear message to the market that they think things are worth much more, and they'll pretty much draw the line in the sand in regard to what a fair asking price is.. This could either draw a BP to step up and buy at that fair market price, or at least give the stock added boost from a mid-2 pps based on the fact that mgt thought the offer was much too low v. the potential...
Any thoughts? Just speculating.. I may be way off base with my thinking..
Food.. as strange as it seems, there are hundreds of stocks that had tremendous value, but were beaten down (I mean beaten like COR down) due to some unforeseen circumstances, and blunder here and there, and they saw a mass exodus by the current flock that followed the stock.. These stocks labored in 'no man's land' for months.. While the stench of their recent problems died down, they were manipulated by day trades and saw the last original shareholders bail for greener pastures..
But, time and time again (if they really had something of value), their stock would sky-rocket back from the depths ..
Looking at these kind of stocks have made it easy to see COR sitting at .80 then down to .50..
If COR truly has value, then everything that is happening now is part of the process..
I, for one, believe that COR has a lot of inherent value..
To be completely honest, my only gripe at this point is that I don't have any available funds to buy into COR at it's current price..
SC..
I really never got into the history of individual stocks until about 6-7 months ago..
My lofty portfolio (at least lofty for a guy that grew up dirt poor) was built via market index investments and some steady moving mutual funds (and a bit of BRKB in the mix)..
COR, as I mentioned a while back, was my first encounter into anything riskier than CAT or MSFT.. And, well, I invested eveything I could into it, and lost 75% of my retirement funds..
One thing I have been doing lately since I am glued to the computer to see the current COR saga, is looking at charts of stocks that were mere pennies a few years ago, and now they are $5, $10, etc...
Why did folks give up so easily on these stocks?? Wy did they go sooooo low and then make such a huge comeback within a few years..?
I'm pretty confident to guess that these stocks were once in the same shape COR is.. Potential, but curretly out of favor..
Heck, COR has been there 12 times before!
Valuation logic in Neuro's article proves this point.. Yes, he took a swag at putting COR at a mid-$2 price.. BUT, like he said, it's likeocket science compared to the .30 price of R&R.
TO think COR has ZERO inherent value is completely obsurd.
Yes, Stoll has bumbled a few things.. Yes, the ADHD set-back sucks.. But to value the current/future patents, partnerships and pipeline at ZERO makes no sense.. a conservative estimate shows a complete disconnect from reality..
2 things give me hope for the COR future (and the future of my 350k shares)..
1) You can show tons of stories of a stok beaten down like COR that rises from the ashes
2) A stock that can be overerly slammed on the downside can be just as easily be overhyped on the upside. If COR's pps can be 20% of what a conservative valuation puts it at, it sure as hell can be 5x of a conservative estimate in the future.. Waiting patienty for the pendulum to swing to the other extreme is key..
Mouse.. at least follow through on the whole story.. !~
What percentage of those lawsuits wer won by the plantiffs??
What was the avergae $$ that an individual shareholder got out of the lawsuits that wwere won?
What was the fate of the stock that had successful lawsuits waged against them?
The probable answers..
Pretty low
Peanuts
Out of business
I am not looking for a measely $1,000 for my trouble, and then some sense of pride if COR goes under by us suing them or pissing off the FDA..
I'd much rather move on with life, and work towards COR's stock price (i.e. - the only thing that matter now!!!) going up..
I just wish MOUSE you'd stop complaining and start explaining your end game here ..
Market Fest et al,
What would be the point by bitching to the FDA to release the documents? There is not one positive for us shreholders that can come out of us further annoying the FDA..
Like it or not, the FDA isn't going anywhere.. If they actually had the ability to f**k with COR for no reason, just think what they'll do if we give them one..
Seriously, I know these are all good-intended ideas, BUT, it would do more harm than good for us to bother the FDA on this matter..
Mouse.. What good would anything you suggest do? There's no money in it for us shareholders.. It'd just be a waste of time and energy, PLUS, it would pis off the FDA, which is still the gatekeeper for the activities that COR has upcoming that will pull the stock price back up..
Besides vengence or anger, please explain the point of your suggestions?
thanks for the reminder.. How nice would it be have over 300K cash right now and tons of bargains..
The only thing that saved me from not getting killed by the market is the fact I have no more money to put into it..
Being locked in COR has at least saved me that misery.. ;)
The fear of everyone loading up on .30-.50 cents is that we're gonna hit a bunch of whirlpool scenarios..
The folks with the cash to buy at these low prices are going to sell once we start moving up to 1.00, and this thing will crater again..
The key to us $2+ folks is to clean the pool out and have the thing rise at a nice steady pace without massive bailout points ;)
I'm hoping to have some extra cash around Feb. (Put a huge amount on the Pats pre-Moss @ 8-1).. Since it'll be found money, I'll probably dump it into COR.. Kind of a catch-22 for me.. do I want COR to be low in Feb. so I can get a pretty good entry point, OR, do I root for it to just keep motoring on up?
SCSTOCKS..
I have about 24K a year going into my 401K..My company matches an insane amount..
Half I can invest in individual stocks, and half has to stay in a variety of mutual fund options..
Still in my mid-30s, so, I have plenty of time to catch up.
I am at the point career wise that I am starting to put away an additional 4,000 a year into a Roth, plus about 1K a month into personal accounts..
So, even if COR never comes back, I should be OK..
I'm just still kicking myself that I had a SWEET retirement turn into a pretty good one..
scstocks..
If a person believes that COR will bounce back and its inherent value is at least $2, then buying at these levels is going to pay off big time in a year or two..
The day in day out slow drift (maybe even down to .50 and lower) is going to be adventageous for someone like you that took their chips off the table pre-FDA fiasco.. It's going to be gut wrenching for folks like me that need COR to go back up to $2 just to somewhat break even, not earn a nice profit like you ;)
Over the next 6-8 months, I think the last of the $2+ holders will bail (the ones that can't stomach the mess anymore, or get out if we move over $1.00 and it's a palatable loss at that point), and then the pps increase will be due to a 'refreshed pool' of interested COR investors..
I hope I have the intestinal fortitude to hang in there.
And, I hope I'm not a complete idiot for still having faith ;)
The road ahead will have days of disaster as the last of the $2+ folks bail, and then some sunshine days as a new investor with some profits in hand (yeah, it's hard to remember that a lot of folks made tons of money this year!) buys into COR..
Here's a sad/scary note.. I have about $1,000 of 401K contributions that I can invest in individual stocks each month.. That's my way over the next year to dollar cost into COR .. (or is that, my throwing good money after bad effort)..
That's becuase most folks now have you on ignore since you contribute nothing to the board.
I enjoy the humor of your nonsense.. You remind me of an ex-girlfriend that just won't go away ;)
food .. what type of places??
I'd love to dine someday..
I'm pretty much set on waiting this puppy out until it either disappears, or it skyrockets back to $2+ and selling my shares won't be a problem..
This short term ying and yang is just noise at this stage..
I've never been a day trader... I'm either going to lose everything, or gain my $$ back ...
It's fairly easy for me now that I have made that decision..
The tough part will come in a year or so if the price goes back up to $2... I just need to remind myself not to buy the hype that $10 is just around the corner..
I can agree with your point of view.. the only caveat I have is that I feel that COR is postitioning itself to be bought out (Just my opinion).. I think the buy out has to be $2+ for COR's mgt to accept it..
If it happens, it's going to happen wuick in regard to stock price.. It may go from .75 to $2.00 overnight..
Part hope and part prediction is all..
John,
As hard as it was for me to get over this aspect of my COR holdings (they are a lot less than they used to be), at the end of the day, they are worth .60ish ..
Not the 2.00ish average cost, but whatever the market says they are worth today..
If I were to sell all of my shares today, then look at where I would invest my money going forward, I'd buy right back into COR, for I think there's a chance we'll see $2.00 in in a year or so.. I don't know of another stock where I see a 3x return as a good possibility.
That's the only way I can view things.. that's reality.. so why sell COR now? Everything up to this point is sunk cost..
I am looking to make some money back, and oddly enough, the horse that got me into this mess appears to be the horse that I can ride out of this mess.. IMHO ..
Here's to 13 straight...
Lucky 13 ;)
Take it from one that knows.. A gal that will be satified with something from a cracker box is far better than the one that requires Tiffany's.. :)
JD,
Just remember, it was 'YOUR' money that you lost..
Soon, if you find a way to get her that engagement ring, it'll be 'HER' money.. ;)
Enjoy the freedom while it lasts!