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You missed my point entirely.. like I thought you probably would..
Yes, things are going to change, and it's about time, for it was unsubstainable ..
I am going to be happy based on many things beyond a skyrocketing stock market, and a phone that takes pictures and streams video..
I am not niave, I am realistic and I am preparing for the future, MENTALLY .. which is all that matters .. happiness and a feeling of being well off is subjective.. if you keep looking at the fabricated past for your benchmark, you will be a bitter and unhappy soul....
Hey SCS.. nice to hear from you..
I think my rant was more on society in the US as a whole, rather than the valid business advice from Bigworld..
I'm just so tired of people whining so much about how their lives are going to be horrible going forward due to the economic meltdown.. If your life is deisgned around material things, then yeah, it'll probably suck.. for most of us (who have lives full of many things of real substance), it will be some well needed adjustments, and then back to business as usual..
Cheers!
davidal,
Unfortunately, if we talk about COR, then the board either goes silent (for nothing significant has happened to COR for months), or, we have to state the cold hard truth of our current reality (COR is like a C.C. Deville guitar solo).. an unfortunate piece to the song of our lives..
The was one of the craziest and unfactual post I have ever seen on this board.
Congrats!
Travel to Europe someday, it's beautiful and the people there are happy and live simple (non US glutenous) lives.. Less than 5% of the jobs in the stimulous package were government jobs.
The problems we are facing is punishment for years of living beyond our means and having way too high of a standard of living in the US.. This recession gives the US a "chance" to survive in the future. We could not go on with crazy ass gains in housing and the stock market, huge payscales for US employees (greedy GM workers thinking they deserve $30/hr), and all the other insane traits the US was starting to be known for (an HD TV in every room, a cell phone on every ear, and a new car every 3 years)..
YES, the US will never be the same. The past 10-15 years of living large is gone.. Deal with, but stop acting like it's Armageddon..
You say you are 53 y/o bigworld? Then you should know that we had a much different and simplier world back in the 50s-70s .. not everyone had to have a house or nice car or extreme material luxuries in their homes.. People ate at the dinner table at night, and adults worked 10 hour days and were happy that their paycheck covered the neccessary bills.
You people act like the world is crashing down because things aren't handed to you anymore.. yes, I said "handed to you!"..
Socialism was the world we lived in for years.. a Ponzi scheme socialist state where everyone was given way too much, and everyone expected more and more every day.. like a bunch of baby birds with their mouths wide open..
**I state this last paragraph in advance of the idiotic "We're moving to Socialism" statements that will follow.. **
I cannot believe how greedy and forgetful everyone has gotten.. We still live in a great country and have more emenities than anyone could ever need.. Grow up people.. The days of slacking off, bloggin all day and texting to your friends at work, and working a 2 hour workday (the other 6 filled with unneeded meetings and business-speak powerpoints) is over..
Anyone that works hard, and is willing to take a job that may be below their "perceived unrealistic time period value" will do just fine.. you adjust your expectations a bit, stop buying stupid crap, start cooking at home again, and learning that happiness is more than greed based luxuries..
Thanks..
I made it doing the right thing after the crash in 2001.. I have pretty much given up on COR, and consider everything that I lost sunk costs.. I am building my new retirement fund now without considering my COR shares in the mix.. If for some reason, they make a comeback, it'll be gravy ..
I just got a new job that has a sweet 8% match, so, I'll make a comeback!
Thanks for the response.. We've just had so many days where it looks like folks got flushed out, and then a week later, we're down another 20%.
I guess once it gets to 0 there's not much more room for falling ;)
All kidding aside, I hope that we survive long enough to particiapte in the stabalization and an eventual upward movement of the broader market.. Unfortunately, that may be 2-3 years out .. ; (
Cheers
***for all those out ther that think I'm a jerk, at least I am trying to explain my point instead of just saying "xyz person" is an idiot, etc..**
tregaorn..
bear with me when I try to make this point (I'm not trying to be an ass here)..
For the last 4-6 months, Jerry, you, and others have been doing this..
T1--(Day when the stock opened at .88 and had a interday low of .77).. "Man, it would be a great sign if COR could close at .88 today"..
And it does, and then over the next week it falls down to .70
T2--(Day when the stock opened at .72 and had a interday low of .63).. "Man, it is a good sign that COR closed at .72 today"..
Then over the next few weeks, it falls to .50
T3----(Day when the stock opened at .54 and had a interday low of .43).. "Man, it is a good sign that COR closed at .52 today"..
Then over the next few weeks, it falls to .41
Repeat, Repeat until we are sitting @ .31
All I'm poiting out is that it really doesn't matter what the close is from any indication of its future direction.. Yes, I'd like the close to be higher than lower, but, that's just a very obvious statement if one is Long.
From a technical standpoint, it has proven time and time again that it means nothing (unles we're in opposite land where up means down and down means up)..
Not ONE time has yours or Jerry's TA analysis on COR been correct..
It hasn't been when it was in the .90s, wasn't even close as it fell through the .70s, horribly wrong as it plowed through the .40s.. so why do you guys keep kicking the dead horse as we hit .30 and head towards .20?
I know that times are tough right now (heck, I think Obama was correct when he said in trying times folks cling to their guns and religion (religion being whatever gets you through the day and helps you make some sort of sense of the world)) .. BUT, let me offer this piece of advice for what it's worth..
(coming from a guy that had over 800K in his 401k at 36 y/o 2 years ago, and now it's down under 150K)..
Use your time for something else besides trying to rationalize all the money we are losing with something that you have done a great (documented) job of disproving..
I for one am concentrating on the things I have control of..
-working out more and eating healthier
-spending more time with friends and family
-filing gaps in my skillset (taking some online and community college calsses - even though I have 2 Masters Degrees)
Tregaron.. you seem to be the more polite and down to earth of the TAers, .. so please take this as an observation, not a knock..
Hell, if I'm missing something in regard to the results of your TA analysis, let me know.. I just haven't seen a single statement be of any use except stating the obvious, and unfortunately, having the complete opposite outcome than what was predicted..
Cheers!
I can't believe people are still worrying about TA on COR..
How many times can you guys wish it closes @ "x" ?
It really doesn't matter when the next day it closes at x-1, then x-1-1, etc. etc...
Guys, evolve to the fact that we are living in a new world where TA (sketchy at best to begin with) means SQUAT!
Just a thought..
Does anyone think that we are just correcting the world's excessive financial behavior, and that in the long run, this may be a good thing for our future generations?
The housing market didn't collapse, it got corrected, and there is still more to go to a point where houses are reasonably priced compared to incomes.
The stock market didn't collapse, it got corrected from years of 12% average annual returns (which I always felt was a complete joke - 5-7% is reasonable)..
People that made 35K per year where buying new cars and had nice big lavishly furnished houses.. ANd invested in the stock market like they were experts and they actually understood how things worked..
The majority of Americans started having this odd state of entitlement : nice car, nice house, multiple TVs, a cell phone for every family member, going out to eat 5 times a week, etc. etc..
I recommend that anyone that feels the Financial situation in this country is so horribly bad and that we are on the brink of collapse, go visit another country or 2 and see that DOW 5,000 is a thousand times better quality of life than most people on this earth..
The US got way too spoiled and greedy.. this is over due..
Maybe we'll start appreciating spending time with our families more (cooking dinner together, putting the cell phone down, ..), we'll start saving more, we'll understand that a house is a place to live and not an investment vehicle, we'll understand that a HUMMER is a military vehicle and not a commuter car for suburban housewives..
I wish all of you on this board the best of luck and hope that we all turn this current environment into a positive event.. hug your kids, spend some quality time with your spouses, and give you parents call just to say hi..
Crazy ass material things do not matter ..
Cheers!
Iggs.. Why would anyone sell right now unless they needed the money? If they have suffered this long, and the fat lady has yet to sing, what's the point?
I think we all agree that the worst case scenario has COR getting bought out for at least .60-75.. why leave now after suffering through the movie so far?
I think the better question is: "why aren't you selling?"
My prediction is that you
a) already sold, and you are just here to bash COR, for you lost money
b) are a small time investor that has lost a couple hundred bucks on COR, and you are just bitching and would rather complain then sell and move on
c) you're an idiot that has some sort of bipolar condition
Hmmm.. why does "c" seem like the correct answer?
Damn, I didn't know you could read iggs.. Duh!
If you can't see how offensive it is when someone advertises a religious web site on a stock board (especially a religious belief that is centered on hate and discrimination, and believes that anyone with different views deserves eternal damnation and suffering), you just don't get a lot of things.
All the bickering back and forth on this board pales in comparision to this type of behavior. This is uncalled for and Owbow should be banned from this site forever.. PERIOD.
You have officially made the ignore list.. I assume most others are putting you there as well (or already have)..
Please remember (as mentioned by previous posters) that we are all not of the same religious belief on this board..
I, for one, was extremely offended by you promoting your type of religion of this message board..
Please be more respectful in the future~!
food.. thank you .. couldn't have said it better myself!
Yes, and pay close attention.. you too Jerry!
The volume is going to be light and only 50K of shares will trade..
No one is following COR this closely that they will be watching and reacting on some insignificant presentation (beyond this board)..
COR will move up and down on REAL news only .. and it has to be significant news..
Besides the folks on this board, I don't think anyone that owns COR or was thinking of buying COR was even listening..
I agree.. I guess I should have made myself clearer..
The fact that they may be getting a soon to be deal that provides 6-9 months worth of financing does not mean that a PIPE is immenant.. I think it actually means that they feel that in 6-9 months, they'll have something else brewing and not need to do a PIPE..
Blade.. you hit on something that has always bothered me when folks mention the old "short term deal to get the stock price up so they can do a PIPE" .. if they get a deal that is 6-9 months worth of $$, and it's apparent that a PIPE will follow once the price is up, .. why would the price go up?? kind of a catch 22 thing..
That's all I wanted.. He delivered on some specifics on the financing issue.. I am satisfied..
No.. I guess what I am saying is it is quite insulting to hear a the same old same old "look how great AMPAs are" speech..
true .. I just hope our intelligence isn't insulted by them completely overlooking the fact that we are in a potential catastrophic situation..
Neuro,
I'm not trying to be "snarky" .. but, if the Roth conference is so insignificant, why is COR going and not spending every minute of the day trying to save the company from going under and all of their stockholdrs losing millions of dollars?
I think Varney et al are not all that great, but, I don't think they are that stupid to not know that their loyal shareholders are dying right now for some ray of hope..
thanks
Who doesn't think that COR owes us all something at this conference today? Some sort of progress report, some sort of assurance..
It is Feb. 16th today.
I hope everyone on this board remembers that Varney et al's salary over the last year or so has been paid by our losses..
They owe us something, anything...
OK.. to hopefully stem any flack before it starts..
I know that I had the free will to buy COR shares and I have the free will to sell them.. got it .. I also understand that the market is really bad right now and lending is tough.. got it.. I'm just trying to make a point that enough is enough is enough already..
Something (sick) inside of me still believes that COR has something of value to somebody.. I personally cannot do anything for this company.. It's all up to Varney et al.. I just want to know something.. anything.. that COR is doing on my behalf to turn the ship around and perhaps make my (and everyone else's) patience and trust in COR pay off..
Seriously, don't you guys/gals think that this whole thing is getting to a pretty make or break point very soon? Wouldn't it be nice for at least Varney to aknowledge that and give us some concrete details on his plan for OUR money?
I CAN'T sell right now.. I have over 400K shares..
I have no anger.. you must not have read my posts.. I am content with things.. either we go to 0, or I sell at a profit once some significant deals are made..
This is dead money as far as I'm concerned..
I check in from time to time to see what rumors are brewing.. and like an idiot, I reply to some of Jerry's Astrology postings.. I need to keep him on ignore for good.. I have a hard time keeping my mouth shut and I call out BS when I see it.. But, it doesn't do any good for me or the board..
Cheers!
Somedays I wish I was.. he left this madness a long time ago..
you're right.. I guess it is kind of like looking at a car wreck..
Thanks for the reminder..
"It would be nice to see it re-capture.50-.55 for a close"
Why? It doesn't matter where it closes.. someone could dump 100K tomorrow and the price could go to .30, or, they could announce a deal with a BP that could take us to 1.00..
Put down the tarrot cards Jerry and do some errands around the house..
Someone got sick of their COR shares being dead money..
True, until there is something positive going on with this stock, anyone running away is going to tank it..
For those of use with over 100K shares, there are only 2 opens, scorch some earth and get out at a huge loss, or, just keep waiting .. and waiting ... and waiting ...
Those couple of exit points late last year over $1 still haunt me! ;)
Just remember, in some cases, some of us that would like to get out can't due to the large amount of shares we own.. If I tried to get out now and dump several hundred thousand shares, who knows what the pps would be...
That's why I keep holding on.. I predict one of two scenarios: either it'll get back in the $1s on decent volume and I can exit on a big day, or, COR gets bought out on the cheap and I'm able to either a) exit on the buyout price, or b) just have my shares rolled into the company buying COR..
Either way it's a long cold winter.. but, at least I have a rational plan that allows me to no longer worry about the daily ups and downs.. I sleep better at night and I have been able to focus on other investments (like KOOL) ..
Cheers..
AmpMan,
Do you think COR will pink sheet and go bankrupt, or, do you think it will eventually just get taken out on the scrap heap.. if so, how much do you think it will be worth?
How is someone wanting out of a stock and the supply outweighing demand (and a pps drop) manipulation?
The stock is going down because COR isn't worth all that much right now .. COR doesn't need manipulation right now for it to go down.. it is doing quite fine on its own..
Manipulation would be someone purposely keeping the pps down so they can swipe up some cheap shares with knowledge that something big is going to happen..
You have an individual investor needing to dump 10K worth of COR and all the conpiracy theorists on this board get in a tizzy and Jerry starts checking his charts and graphs to predict a future pps....
It was kind of funny for a while, now it is getting quite pathetic..
No one is keeping COR down but COR itself..
When COR does something that is worthwhile, the pps will go up. When COR has nothing to offer, the pps will go down..
It has always been that black and white and always will be..
(just like the best diet plan in the world needs to be one paragraph .. eat less crap, eat more good foods, and exercise..)
Right now, the movement day in and day out are a couple of folks giving up and going for greener pastures ..
There is no manipulation, no fund manager rigging things..
The thing trades about 30,000 a day !
These conspiracy theories and technical analysis predictions are insane..
Jerry, you are an "...." .. plain and simple.. You need to get yourself a hobby!
The only people that listen to your rants are those of us that hope that by hoping it'll go up, it will go up, OR, they want some big govenment conspiracy to hang their hats on for the money they lost so far in COR..
COme on, really??
COR would be a $4 if they had a good partnership and a strong pipeline..
Until then, .50ish sounds about right.. No conspiracy needed..
Aiming.. I agree with much of your assessment..
Just thinking out loud .. If RD provides just enough money for COR to develop POC in SA, and SA finally brings a great deal and some pps appreciation (as well as eliminates the need for a PIPE), in a way, RD was a means to an end, even if it didn't in itself bring the ultimate bag of goodies..
I'm just glad we got something cooking and COR management wasn't sitting idle over the last few months..
Cheers..
As much as I ate corruption, I hope this is the case and COR is really negotiating a buyout in the mid-$1s..
release me from this prison! ;)
enemem.. sad to say, I agree with your scenario.. Selling the company (which I begged for several months ago) seems like fading dream..
Let me ask you this (or anyone else on the board)..
I know the general consesus is that management will never sell the company for a price that makes most of their options worthless .. this makes complete sense..
However, when does it come to a point where they realize that they may never see their options above water again, and sell the company so at least they can salvage something?? Hell, a $1.5 sale is better than .20? right?? That's hundreds of thousands of dollars from my perspective...
**Horrible analogy warning .. ***
Kind of the "Deal or No Deal" game show scenario.. Guy opens the right cases and is up to $200K.. He has his mind fixated on the Million and keeps going.... then struggles a bit and is down to $80K, and is too stubborn to see that $80K ain't bad, especially considering the current condition of the game.. He knows there is a case left out there for $500K, so he keep plugging along.. The $500K case gets taken out and he's down to an offer of $25K.. There's nothing left on the board and he just takes the $25K, goes home and is like.. holy cow, at least I made $25K.. of course the $200K haunts him ;) But, he is richer than before..
Why do I think COR is going to be the guy that stays in the game until he is left with a case worth a penny??
Cheers!
Jerry..
I thought your inside COR contacts told you this was a done deal..
Why the cahnge of heart.. ? Are you hedging your bets on the other side on the spectrum now?
Ahhhh.. September 2007.. a time when I didn't own a single share of COR and my portfolio was 5X what it is today.. ;) Those were the days..
How often in life do you wish you could go back in time a year and a half and be at the same level of investing you were then?.. especially when you own the "most promising untapped biotech technology ever" ..
One way, shape or form, Cotex has killed my retirement (and dozens of others) and hasn't helped one single person live a better life through their technology.. pathetic..
That's a fact Jack!
you have to put a comment like that in perspective.. the $2 buyout as compared to a devastating financing and another 2-3 years of untapped potential and no reward..
I think a lot of us want to get "something" decent for our troubles so we can move onto greener pastures.. $2 is pretty decent right now, all things considered..