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for a 100MM investment, a BP could make my year.. ;)
blade, more reason than ever for COR to get this deal done ASAP!
That'll give all of us that had our hard earned $$ trapped in COR the ability to start buying at these bargain basement prices.. I need volume to unload my COR shares.. a deal should give volume and a nice exit price.
COme on Varney, be my hero and get this deal done!~
I'm not dumping, I'm just not going to use charts to call a bottom..
I only have 2 stocks right now, COR and KOOL.. so, the market itself doesn't really effet me right now..
Once those 2 stocks hit my "out prices", I'm handing the keys to old Warren, and going to finally spend my time on more important issues..
The thing I'm scared most about is how this is going to effect the job market..
hey scs.. yeah, I just want out.. $2 would make me a good chunk of change.. I'm not greedy..
you can't put a price on peace of mind..
I can't wait until I'm not trading stocks anymore..
BRKB, here I come..
charts mean nothing in this market..
you could have put up a chart each of the last 10 days and they all would have told us nothing..
This is not time for witch doctor tarrot readings..
I have all my shares set at GTC $2.00..
I am of course a lot less optomistic about COR's future sales price, but, my goals are much smaller..
My average price is ~$1.50 now, and, so, if I am able to make 33% off of what looked like at one time a retirement account ending event, I'll be the happiest guy on earth..
I'm just hoping the general market doesn't pop back up before COR hits $2.. I have plently of stocks on my shopping list...
And none are biotech..
I'm gonna probably dump all my $ in PBD and BRKB and be done with the madness for a while ;)
CHeers!
MF..
I hope I am too ;)
I'm coming to the same conclusion... The delay in results, plus the general market issues, have killed this jump today..
If we would have held onto 1.10ish after the RD-2 results, and had the RD-1 results come quickly thereafter, we'd be seeing 1.40ish today..(based on the % jump)..
Next stop is partnership-town I guess..
CHoo CHoo.. All aboard!
I will say this, even though I guess I've now been labeled a whiner, I kept my shares and held on.. ;)
all my money is in COR and KOOL..
I'm assuming the braod market is off limits for a while and biotech (if I get the right companies) is the safe bet now, and a huge gain in the future..
Man, I hope this COR thing is real..
I'm having a hard time looking at .80 a share and celebrating the news today.
I know that's short sighted, right?
got it .. thanks..
just trying to figure out the reason to hold onto my shares after a partnership deal is reached..
That is my current planned exit point..
Thanks Neuro..
I guess I should have been more specific to the partnering question..
What's the end game?
So a BP give us some upfront money for right to develop and sell RD, as well as some milestone $$ for another indication..
Besides the "hype" or perception that a partnership is good, what is the thing that actually makes COR an attractive company to invest in as well as drive the stock price to a level beyond $1?
Is the end game to be a development arm of a BP and the money derived from that partnership becomes adequate enough for COR to make a profit and be worth something beyond potential?
Or is the end game getting enough fires in the iron with a BP that that BP buys out COR instead of having them be a partner?
Unlike a BP, which actually sells something to customers, does a partnership really end up in anything more in the long run for the tiny company that is being used for development work?
Damn, I wish I could explain this question better..
I am just wondering why (from a financial standpoint), beyond some $$ from a BP that helps COR keep the lights on, what real value does COR have?
I always thought the point of a company was to eventually sell something and start turning a profit, and growing year over year, OR, having something so valuable that another company sees that value in their own hands, and buys the little company at a nice premium..
Hope this question makes sense..
Cheers
Ohhh. Please don't tease ;)
A buy out in the 4s or 5s would allow me to retire in style..
Neuro, all the craziness of the last few weeks aside,..
What are the next steps now?
Does COR look for a partnership, or a buy out?
If a partnership, how does the scenario work out so that COR's pps starts to rise?
What things in the deal would you be looking for at this point?
Cheers..
Because COR just released good RD-1 results.. have you not read the release?
$2 is a possibility now, as long as COR doesn't screw up the BP negotiations.
Amen RBlatch..
This thing should be @ $2 not .80 ..
The delay killed us.. The key now is to get the deal done and not screw it up!
"Maybe those who for the last several weeks have been posting all sorts of negative comments including questioning COR mgmt. should admit their "guilt" and apologize."
When COR's pps is finally at $2, I will personally send a huge gift basket to Stole and Varney.. until then, this thing is far from over..
At least we have a POC .. let's just hope COR's mgt. doesn't screw this up!
Tastes great! A good rant always causes COR to pull something out of the fire..
As a long with over a TON of shares, I am always glad when my doom and gloom predictions are squashed by something like this..
Food...
It may not be all gloom and doom for the market..
I still am of the thought that this is a correction to the rediculous 60ish% (8K to 13K) run the DOW had over the last 5 years.. A moderate 6%/yr would have been more realistic during that time period considering the financial effects of a war, the worst president in history, a housing bubble building then bursting, unemployment numbers rising, soaring energy prices, and personal incomes rising way behind inflation..
We are getting corrected for the crazy ass DOW 13,000 earlier in the year..
COR's 20% upside on the year isn't all that relevent for those of us that bought in @ $2 and above .. I know you, like me, are one of those poor souls ...
Sad to say, as the market gets humming again, and the battered stocks regain their previous highs, COR will be back to .30 and we'll be all shouting for a sale to anyone ..
cheers
I know.. I know..
What the hell? Does Stole and Varney not understand that there are people out there that actually own stock in their company and are counting on them to do the right thing?
Our retirement $$ has been their personal ATM..
Good luck man..
btw - excuse my memory.. where is your restaurant again?
She is warming up.. I can hear her ;)
more pain and suffering for COR shareholders.. that's what's next ..
I hate to say it, BUT, we have just moved into plan B.. COR is going to have to do a PPS devastating PIPE and anyone that is held hostage due to the lack of liquidity to unload his/her shares, will have to go down with the ship...
There were times when I thought I may have gone overboard with my snide remarks about COR's management, BUT, it's fricking October 5th!!!!
These guys are complete idiots that have fleeced all of us out of a ton of cash.. they all made out like bandits.. They've had 3-4 months of vacation on our backs.. YES, vacation!!
They haven't done squat for the company and its shareholders during this wait.. They've just been sitting around going, "uhhh..duhhhh.. any word yet on the RD-1 thing?" "naw..." "how much cash do we have left?" "well, as long as our paychecks clear, I'm cool.."
I will sit and wait for the buy out of COR's IP on the scrap heep with a hopeful $1 price when all is said and done in a few years.. Purely based on the fact that there probably is some sort of worth in the AMPA stuff COR has claim on..
But as far as having an once of confidence in Stole, Varney, et al.. they have lost all credibility in my book..
I just keep kicking myself that I didn't get out after the RD-2 results .. I'd sell my left nut to unload at $1.10 right now..
Damn it , damn it ! ;)
I'd have all that cash to start buying some stock in real companies on the cheap..
Luckily, I have 25 years to recoup from the COR disaster...
I wish all of you that got sucked into this joke of a company all the best in your quest to reclaim you stolen money from this inept bunch of idiots at COR..
Cheers..
"We need to do what it takes to solve this problem," Mr. Bush replied.
What a genius!
It didn't help much that we have the worst President in the history of the US running the show!
Not to start a political debate, ..even though I'm for Obama, McCain is like upgrading from a big wheel to Jaguar in comparison to Bush.. Either way, we are going to get a HUGE upgrade in the next few months..
And in all this turmoil, COR has helped my portfolio stay up nicely this year.. crazy world, huh?
to anyone on the board..
When do you think they will start blaming the idiots that bought houses that they couldn't afford and then took out home equity loans on the fabricated apprciation gains (and spent the money on cars, boats and trips instead of home improvements), as well as the Real Estate companies that cheered on buyers to buy more than they could afford, and the real estate speculators (and flippers) that made the Pyramid Scheme in the first place?
Yes, the corrupt lenders and government officials that turned their heads should be to blame, BUT, the individual American Idiots (and that wonderful group called real estate professionals) that CHOSE to get themsleves way over their heads should pay the price as well..!
The media, middle America, wall street, the government all loved when the housing market boomed and "flip this house" was eveyones favorite show..
There's always a price to be paid for greed, and this greed is from top to bottom, not just the government and big business!
Any moron could see that medium home prices couldn't rise 20% forever, with medium incomes declining at the same time..
It was only a matter of time before the bubble burst..
The big bailout is a necessary evil and the eventually tax disadvantages are the price the average american gets when they don't take a basic math class and see that a $400,000 house loan that's interest only probably isn't the wisest thing with 3 kids and a $50,000 year job..
Let's hope that the result of all of this is some more discipline in the things Financial companies can do outside of basic lending functions, and a little more enlightenment to the average Joe that your house isn't a short term investment, appreciation shouldn't be taken out and blown on stupid stuff, and that real estate agents will tell you anything to get the commission..
Cheers!
I hear this phrase a lot:
"If RD-1 were a “failure” we would have known it by now!"
Why is that? Maybe RD-1 did fail and they're not sure what the hell to do now..
Why does the board assume that bad results would be announced by now?
I'd love that to be the case, for I don't mind waiting until December for GOOD news, so, if someone has a good reason beyond a gut feeling, I'd love to hear it..
Cheers
Davey,
I think you missed the entire point of the last post...
All the guy was saying is that he has stopped worrying over what may happen if RD-1 results are a complete disaster and COR runs out of money and has to sell itself on the cheap (i.e. - the sky has fallen) ..
He was simply making the point that the worst it can get from here is, well, here .. a sell-out at around .90..
Not too bad a place to be in really.. why sweat now and sell when the ultimate worst case would probably be a .90 selling of the company..
Not once did he say that this is his prediction.. not once did he say he thought COR sucked..
"I sometimes wonder
how a number of investors on this board can be long on Cortex with such negative opinions of the company and it's products. If I felt that way, I would have sold my shares a long time ago. "
Your question is answered in his emaill.. why stay, because it's a lottery ticket without any risk right now... That's why I'm still here, that's why a lot of us are still here..
I don't think there's a person on this board that thinks the ultimate demise of COR will be anything less than about .90..
Yeah, we may hit .10 along the way if things go bad, but, but .90 sounds about right best case scenario because they really do have something to offer.. the question is if they can deliver the value or someone else will have to..
Hell, I'll take a no risk bet any day with an upside 2-6x of where we are at now.. it's all house money, IF, you don't panic and sell.. I feel like I have 300K under my mattress right now with a GOOD possibility (based on RD-2 data) that the tooth fairy is going to double or triple it at years end..
Cheers!
"Cortex daily money flow turned up nicely today....as if anyone cares, it did. I care."
Are you kidding?
$11,000 traded today.
Exactly, it's like getting upset at the flight attendent because your plane was delayed and asking the captain to make up the 5 hour delay in the air.
We're either going to land safely at our destination and be late to the first couple of meetings for the day, or the plane is going to crash..
I'll take a 5 hour delay any day.
At least we're on the damn plane!
RBlatch,
Just a thought from someone that is probably even more skeptical than you..
COR is in dire straits (and playing guitar on that MTV) and will run out of cash soon.
We all know it and talk about it regularly on this board, and I'm sure the number crunchers at COR worry about it every minute of the week.
With this being the case, and COR taking their sweet time getting this last trial done.. the trial that will make or break the company.. They must feel pretty good about the outcome and the speed to which they can "partner up".
The line in the sand is still the start of 2009 for the cash to be gone.. COR must think/know/feel that priority #1 is getting the must compelling case possible for a partnership, and if that compelling data is compiled within a certain time frame (probably end of Sept, maybe even end of October for all we know), then a BP deal is gonna be done in enough time to avoid a PIPE and secure the long term future of COR and its shareholders.. It's a sequence that we have no actually way of knowing.. As they say, "the die is casted" on this one.. COR's job right now is to make sure they don't screw things from a successful trial up by trying to finish too quickly, semding us back to .40, instead of this tedious delay back up to $3..
Just a thought.. I could be completely wrong.. Just trying to put myself in Varney's shoes..
Cheers..
gfp,
Let's hope COR gets taken out soon so we have some $$ to do some buying..
cheers..
thanks.
tregon,
I'm not that niave.. the 99.99% comment should have given you a clue on that..
It was a joke..
damn, what is up with everyone being so uptight today?
cheers!
Neuro,
It's called an exaggerated metaphor.
We're all just having a little fun here..
I for one have never been in prison and I'm sure it's a hell of a lot worse than watching COR on a daily basis.. ;)
One thing I will mention to your "get out of jail free card"..
I still have over 600K shares.. a sell order won't do much at this point ;)
I need a buy-out or a big run up on huge volume.. seems like the closest I'll get to feeling like I am in prison in my life time..
As for cries of being victimized, I'm not sure where that comment came form.. I got myself into this mess.. And I have always stated that..
Actually it's a cry for rational thinking and not being greedy..
Why is hoping COR gets bought out @ $3 (from my personal standpoint) a victimized comment?
I'm just being honest that I hope we get bought out @ 2-3..
there's nothing wrong with that..
Also, I'd probably get out right now if I could just to move onto other areas, but, like I said previously, I can't due to the low volume and the massive amount of shares I have..
Yet again, the internet takes out the essense of a post..
These have just been fun speculations with some anaolgies and metaphors sprinkled in.. no need to push the big red "the board is getting out of control" button..
On a side note, what's your prediction for when we will get RD-1 results?
CHeers!
Russ,
You're starting to get institutionalized ;)
I'm hoping we all get something for our collective suffering, regardless of how long we've been in this prison!
Cheers
Calm down Bladerunner...
Don't start with personal attacks..
And from all the folks that live in Toledo, OH, "Bladerunner, go f**... OK, you're right, it sucks here ;) )
I'm just saying that 2.3 million isn't chump change..
Also, Stoll knows this company better than anyone. If he sees things as I predict (COR having nothing but pain and misery in front of them, and this is a window of opportunity to actually salvage some money) then $3 is going to look like a steal..
..I still think the notorious "irons in the fire" statement was all about trying to get something that a BP will bite on so Stoll can move onto other things and put the COR days behind him..
2.3 million is 2.3 million more than $0.
Cheers!
It's all risk v reward RBlatch..
I'm just going off of past history of COR's success or lack there of..
$3 a share makes me close to 800K, so, I'm not going to be crying in my beer if we get bought out for $3 and we could have gotten more ;)
The hope is we all make money here, right?
Cheers!
RBlatch..
"If/when the stock price gets to $2, why don't the lot of you just sell your shares and be happy with that?"
I am going to.. I just hope they sell the company so it gets there quicker and without risk that COR hits another landmine and we hit .25 instead..
The sale is necessary from my perspective because I want to make money ;)
I can be selfish and greedy, for I am the invetor, not the management of COR..
We all have different levels of greed, and your's is a bit higher in regard to COR, and mine is a bit lower..
I am sure that there are situations where that would be reversed..
I am just worried that COR will f**k up things on their own going forward, so, they should sell now why the iron is hot before they have a chance to blunder any chance we make $$ of this dog..
Cheers!
GFP,
Your idea of significant must be different than mine.
@ $3..
Stoll gets:
~$2.3Million
Coleman gets:
~$750K
Varney gets (including the options you forgot to mention):
~800K
That seems like significant reason to sell to me.
Especially when this company was almost done for a few months back, and that there is no guarantee that it won't be done for by years' end..
Hmmmm.. I actually feel pretty good about a sale now..
I never realized just how much Stoll et al had to gain from a sale in the $2-3 range..
Considering that is pocket change for a BP, damn, it may just happen!
CHeers
"Eitzen, I'd be happy to sell the company for $2-3. Investors would get a double/triple, and Cortex's technology would finally get the funding it deserves."
Exactly! Everyone can win by doing this..
We all get a chunk of $$ back to invest elsewhere and the technology gets a chance to flurish.
"But I doubt Varney et al would be happy with $2-3, since that would leave most of their options underwater"
If that's the case, then Varney et al should be fired immediately..
They run the company on OUR behalf, not for their own financial benefit.
The sad thing is, if you look at their individual options, they'd still all make out like bandits @ a $3 sale.. !!
However, 99.99% of all management would have to be fired under that scenario, for they all are looking out for #1 only..
It's a shame that stubborn and greed is going to potentially ruin this opportunity we have right in plain sight.
OK, we all won't make the maximum we dreamed of, BUT, we at least all make some good money and can move on with our lives..
How many of you out there feel like you've been a prisoner of COR for the last few years???
Cheers!