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Food..
I'd love to get $5 out of this thing when all is said and done..
However, I am setting my expectations @ $2 so that I won't be living in la la land and holding on and possibly losing everything AGAIN ;) Just give me my money back..
If I can just erase the dumbest most wreckless investment of my life, and plod along at nice normal returns until I retire, I'll feel like I hit the jack pot..!
Hey... OT a bit...
For some reason I remember you owning a bunch of restaurants..
Do you ever watch Hell's Kitchen? Are all cooks that idiotic and slow? Is it really that hard to properly cook a steak, fish filet or chicken breast??
cheers..
Or will it explode shortly after take off because an O Ring was missing ;)
Not being negative, just trying to balance out the comversations..
Just like the Art of War, I think some things unfortunately are lost in translation.. ;)
cheers..
Zebra..
I think in general, past stock prices, analyst predictions, predictions by posters on a stock chat board (mine included), etc. etc. is complete speculation and pretty meaningless in regard to what is going to happen in the long/mid/short run for a stock like COR..
RD results could be great, and the stock just whimpers...
RD results could be great, and a bunch of folks jump in and the pps soars..
RD results could be lame and the stock tanks..
RD resutls could be lame, and we just move sideways..
Heck how knows what is going to happen?
It's all hope at this point..
Cheers!
"If your happy at $2 to $3, I am happy. Let's just make some money."
Yes, yes and yes..
I think you nailed it when you talked about "tone" of posts..
I have the same issues with emails as well..
Cheers!
corwathcer..
"I know that you are not happy with Cortex and you seem to feel like you need or want to hang on, but why did you buy, with your consistent good returns with so many other stocks?"
I was stupid and got greedy and bought into this stock.. drank the koolaid one day when reading an article on memory loss, and then stumbling upon this COR iHub board..
I have mentioned time and time again that I made a mistake.. I have also metnioned time and time again that my perception of the stock and it's target pps is completely biased due to what I hope it does..
I have also made it a point to let anyone I disagree with know that it's just my opinion, no offense, and every single thing that is predicted on this board by anyone is just specualtion... Especially after the frayed nerves of October when COR tanked and I admittedly was being an ass as I saw 10 years of hard work go up in smoke.. No one's fault but mine..
I get tired of folks using the old, "if ya don't think COR is going to $40, then get out!".. Can't a guy hold COR if he only thinks it's going to $2.50?? Why is that such a crime??
Also, please read Neuro's comment about the $4 price in the past being irrelevant due to the increased float of the stock..
Just take a little mor time to read things first before telling someone to go away, and also, please re-check your math first as well.. $4 back then and $4 today are completely different things!
Cheers!
And for your benefit.. I'll say it once again..
No hard feelings.. this is just an opinion.. OK?
JD,
I don't have any specific companies on my "wish list" if I get my money back from my mistake investing in COR..
However, in the past, I accumlated my wealth through a combination of investing in ETFs in countries that were on the move (Brazil, China, Ireland, Russia) and large/mid cap stocks that got unfairly crushed by a blunder by a chief competitor.. The list for this one is huge.. I'd usually keep my eye out for companies that had bad news and their stock got tanked.. then watch to see if the effect was negatively applied to its peers.. I'd research the issue with the company that got whacked, figure out which peers had no indicataion or the least risk to this happening to them as well, and I'd jump in. I'd set a sell price at a 4-5% premium, and get out and not look back.. If none of the peer stocks looked safe, I'd just move on..
Hitting 10-12 of these per year was my goal (putting no more than 20% of my cash in one stock)..
One other point to this.. I'd only try this for a group of stocks that weren't overpriced relative to the market.. I'd try to limit the downside risk as much as possible.. If for some reason the attempt didn't pan out, at least I wasn't stuck holding a stock that had no where to go but down..
Of course I'd also look at the overall market setiment.. If the market was overpriced, I'd be more heavily weighted in cash or in ETFs... If the market was avergae of undervalued, I'd adjust these type of moves up bit.. and have less cash..
Heck, sometimes, I'd just throw all my money in BRKB for a while so I could worry about other things for a while instead of the market ;)
BUT, at the end of the day, it's all luck, right? I just tried to limit the downside and max the upside, so when luck came at me (good or bad), I was ahead..
I was patient, enjoyed even a 2% gain, and over time was a pretty happy camper.. It was boring, didn't give me a rush, but it made me money..
I'm only in my mid-30s, make 80k a year, and had a pretty sweet retirement fund already..
Of course, then came COR, and Poof, all that hard work went away..
So, as you can see, I just want my money back so I can go back to my old method ;)
Cheers..
"Anyone that can't stand the volatility should move on. If you do, don't look back, because not holding a great investment until it pays off can be more painful than never owning it at all."
I guess you're one of those posters that selectively reads someone else's posts, and then comments..
I have said many times that I hate this type of volatility and that I should have never bought COR.. I feel pretty strongly that COR will have a great chance of popping back a little north of $2 based on good RD results, and then a potential buy-out..
Where it goes from there, I could care less if I can get my money back, and a little extra for my trouble.. then, I'll go back to the steady 15% a year..
I have also stated this a dozen times..
Not quite sure the point of your reply to my comment..
Hmm.. I guess I can answer you this way.. "um yeah, thanks for repeating what I said a bunch of times, and somehow not getting that what I said is exactly what you're saying I should do in the future.."..
Oh yeah, one more thing.. you are completely wrong in your statement that because COR was @ $4 several times in the past makes the chances of it getting back to that level are even greater.. that statement couldn;t be more worng.. past performance is never indicative of future performance when dealing with stocks.. in fact, it actually goes agsint us in the opposite way.. if it ever gets close to $4 again, folks will think, "man, last time it got to $4, it then tanked.. let's get out now.." ;) A stock that goes up over time, hmm, maybe an old high is a good indication of where it'll probably hit and move through in the future.. a stock that has tanked as many times as COR.. probably a bad thing.. or at least irrelevant info..
Cheers..
Yep.. I believe in the story.. I just believe another author will finish the final chapters ;)
yes ;)
I am liking that there is concurrance on at least the fact that we all make out OK from here, and possibly make out quite well..
Just for the record, I think that $2 is the mx that the pps will get to prior to a buy-out..the premium will take it close to $3.. I think that the money issue will cause a buy-out..
Do I think that RD (and the rest of the COR IP) is worth a lot more than a buy-out of COR @ $3?? Hell yes! But, I think that it will come to fruition from the aquiring company.. I probably will do almost the same thing everyone is thiking of doing and riding the potential of COR's technology way past a COR corp. pps of $3.. I'll just do it by owning shares of a much larger company..the company that buys COR and has the $$ to develop the technology.. get past the FDA, market the product.. etc. etc..
Also, I never put the weights you put on my predictions..
I think a good RD result, with a buy-out in the high $2s/low $3s is about 75%.. chance that it'll all go to crap and I'll lose from here.. 1%... somewhere North of $1 when it's all said and done.. 24%
So the upside from here from my perspective is very high. that's why I doubled up in the .50/.60 range,.. that's why I hold today feeling pretty good..
Cheers!
As long as they are predictions, I;m fine with it ;)
It just seems like sometimes folks take an estimate, then subtract today's prices, and say, "look at the gain ahead!"
There is an equal chance that any one prediction could be correct..
I hope you all have realized this by now.. pps predictions are comepletely useless in the real world..
$5, $2, $40, etc.. it's all speculation.. hell, .30 is still in the realm of possibilities..
We'll see what happens when if happens..
And, no offense to Dr. Tracy, but his pps predictions have never been correct in regard to COR, so, why are you referencing his estimate?
Jerry, the good thing is if you are right and I am wrong.. I still am going to be happy..
One thing I never do is look back at a stock I sell and feel bad if I left some on the table.. Especially if I leave with a litte gain in my pocket.. ;)
Yes!
Start up that hype machine...
Fear and greed will ultimately rule this stock..
I luckily didn't let fear make me sell at .50, and I ain't gonna let greed keep me from selling once the hype machine takes us north of $2 ;)
An to your point Zebra.. there will a ton of pub hopefully on the AMPAs and RD.. this will bring new folks to the party.. all looking to get rich off the COR dream.. been there, done that.. give me back my money and a little extra for my toruble ;)
Let the greater fool theory bite a new set of fools !
jerry, you may be right on the market for this.. however, this is still a small company with a 12 year track record of failing..
A pps anywhere north of 4-5 assumes that COR will be the only player in this arena..
This is the same mentality that caused the internet bubble to grow and then burst... it's risky enough trying to guesstimate what a potential market will be, let along pegging your success to a company grabbing 100% of it.. SInce we all own COR, and have put our hopes in COR, we are starting to think COR is the only horse in this RD race... that is a bad assumption..
I feel COR will be one of the horses in this race... and, due to lack of $$, and lack of size, and due to the reality of the situation, they will be a player, albeit small from a "COR corporation" standpoint..
The question isn't "will COR be a $40 stock based on the RD potential?", but instead, "will COR be bought out in the $1-3 range or the $3-5 range due to the potential a BP sees in COR's IP in regard to RD and other indications?"
This horse will never run solo.. it will get bought out due to it's lack of funds..
Best case it is after RD sucess and a nice uptick close to $2 so the final purchase price is higher when the acquirer adds the premium..
That's the key we should all be focusing on.. We need to all hope that there are multiple interested BPs soon after the good RD results and that the pps doesn't sink down to .50 before some BP pulls the trigger..
Just my opinion.. a realistic one I think ;)
But, it's great to see the hype machine starting up again.. if RD is a success, the hype machine will probably push this thing close to $2 so that we get taken out in the mid-3s..
I'll take that kind of return all day long ;)
gfp.. you're much more realistic ;)
$4 would actually double my initial investment now that my average is under $2..
Just my opinion, but I think any talk of a $40 share price is delusional.. $10 is complete nuts :)
athero..
I wouldn't call it "backing off" early, for I never should have been here in the first place ;)
I am looking to break even, PERIOD.
This type of investing is not for me.. I have proven that to myself over the past 12 months.
I just want a "do over" ;)
I want my $$ back so that I can continue to make my 15-25% a year..
You have no idea how pissed I am at myself for not having the $$ that I put into COR + the 22% I have made on my other(more conservative) investments during the same period.
I am very good at riding moderately safe stocks for a nice 5% uptick, and then riding another and another and another..
Picking a stock and hoping for a 5x return, not for me, nor my stomach.. I'll take the nice retirement beach house in the bahamas over the chance to have the retirement mansion in Maui any day..
Cheers!
"The market is a humbling place. It can also be rewarding-- I'm just hoping to someday be handsomely rewarded yet even under the best case scenario--- it does'nt appear that COR will be the stock to do it?"
I agree.. I think some lucky folks may have stumbled upon COR post FDA bull, and nabbed their first batch of COR @ .50..
But for me, I am just hoping to break even so I can use the funds to find glory elsewhere..
Good luck!
jd,
Just my opinion..
1) My hopeful specualtion:
Good RD outcome, pps goes in the mid-$1s, and multiple buyers are in the mix and COR gets taken out at somewhere between $2.50-$3.00 by a BP needing to buy some new stuff for their pipeline at a bargain price -OR- they partner with someone and stock goes up quickly into the $2s over the next month or so..
I sell the day of the buy-out announcement, or shortly after the partnership announcement.
2) My somewhat OK speculation:
Good RD outcome, pps goes in the mid-$1s, and no one strikes at the bait right away.. specualtion runs rabbid that COR will be running out of money soon, and folks will start to dump and run ahead of the possibility of financing. BPs wait until COR is back around .60-70ish ... They buy out COR somewhere close to $2, -OR- they decide to partner with COR as a solution to the money issue and ther PPS trickles back up to $2.00 over the course of 6 months or so...
I sell around $2..
3) My "maybe somebody else with make me $$ on AMPAs" scenario..
RD outcome bad, pps tanks to .30, and a BP quickly picks COR up off the scrap heap so it can have the IP for about .75 per share in a buyout..
I keep my shares (lock in today's current value of my COR shares @ .75) and let them turn into the new company's shares based on the fact that this acquiring company will have a great IP that they bought for pennies, and hopefully the money to develop the technology..
4) My "what a complete f'ing idiot I am to have ever speculated in a small biotech with the majority of my retirement $$" scenario.
RD outcome bad, pps tanks to .30, no interest from a BP, COR does reverse split, followed by devastating PIPE.. shares basically worth about .05/sh based on today's prices.. BPs find alternatives to COR technology (either other AMPA technology or AMPA alternatives) and COR dies on the vine..
I hold the shares until COR is delisted and eventually bankrupt and COR is like a nasty scar from a nasty childhood motorbike wreck..
My gut tells me that scenario #2 will happen.
Cheers..
And as always, just an opinion..
I think all the talk about $4+ is quite silly....
It does show though that a company can be taken out for a 200%+ premium..
If COR can get through RD successfully, and the pps goes in the mid $1s, and we get taken out for a %200+ premium, I think even the longs will be happy to recoup a chunk of their losses.. especially those off us that doubled/tripled down when we were @ .50.
Any way you slice it, a small biotech getting bought out by a big BP for a nice premium is encouraging...
Let's just hope RD goes without a hitch, and this pig gets a make-over and a nice new dress ;)
Cheers!
If the price hits $40, I'll be honest with ya, there's no way I'll still be around ..
I am out @ $2, PERIOD...
(my actual dream is that it starts to hit $2 and I have my hand on the trigger, then it gets bought our for $3)..
not to say that it couldn't hit $40, but that's not my focus right now..
Buying COR was a big mistake for me.. I am great at the slow and steady 15% a year stuff.. COR-like stocks are way too risky for my nature.. I am just hoping I get my money back and can invest it in gold and oil and BPs and EFTs and GE etc etc again ;)
btw .. I hope you understand that everything said on the board up to this point isn't personal in any way, shape or form .. it's just for fun..
cheers..
Yeah.. 40, right..
Dream on..
I start to like you Market, then you get all delusional again..
Aiming.. I have been the master of the "dodging of the bullet" lately..
I pulled some $$ out of a couple of EFTs yesterday and was going to put it into GERN since COR was looking pretty stable prior to the SHM (I was going to buy a bit if the stock price dived)..
Sometimes change is good though.. a change of CEO, a name change, etc..
A lot of the problems with COR going forward (in regard to increased pps)is perception.
Finally! Some great news!
And for once, the pps didn't tank after the call..
Time to load up the truck..
ah crap, the truck is already loaded up ;)
Market Fest et al..
I had a client call right at the end of the SHM..
Did they really say that Stoll is out?
Or is this just speculation?
Thanks..
thanks for the reminder, .. yeah, he keeps getting the time worng as well ;)
Yeah,.. this lady needs to shut the hell up.. !!
Man, I try so hard to get behind COR, and then they put on this horrible dog and pony show..
This whole piece of the presentation could have taken place in one slide!!!
Come on guys! You are running a company here!
Varney isn't much better..
well, I'll give ya that ;)
on a scale of 1--->>10, he starts out at a .06, then goes up to a 3.7 in regard to the company and develops..
I guess it's all relative!
Aiming, that's kind of my point.. you can turn a negative (like you mentioned isn't a surprise to anyone) and turn it into a rallying cry..
Crappy stock price, millions of $$'s lost, and you have a CEO that sounds like the guy on Ferris Bueller's Day Off, "Bueller? Bueller?"..
Neuro, are all CEO's as flacid as Stoll in your experience?
I feel like I'm at a wake ;)
Also, what is your opinion on why Stoll won't stand up and face facts that his pps has last 74% from last year's SHM?
Maybe it's just me, but I respect folks more when they stand up and state the stark reality of things. It makes the ability to move forward that much easier.. kind of a "we'll get um in theend statement." It's almost like he doesn't understand how bad it really was, and portrays it like a bump in the road.. (well, maybe that's his style.. roll with the punches..)
Thanks,
ASUHOWE
I'd hope so..
Any way you slice it, the fact of the matter is this:
May 14th 2007: $2.70/share
May 14th 2008: $.70/share
The biggest problem I have with Stoll is that for some reason, he seems to ignore that fact. Not saying he is solely to blame, but, he is the CEO.. Grab the bull by the horns and take the good with the bad of being a CEO.
There's this big elephant in the room that he won't speak to, and it is hard to respect someone that can't just say, "Hey, our stock has been hammered, and I know most of you have lost thousands, if not hundreds of thousands od dollars over the last year by investing in our company. We are trying everything we can to make up for you losses. Trust us, we'll get it done!"
--Maybe he'll surprise me. If not, I will take him to the matt if I am am allowed to ask a question.
Cheers!
Thanks Food..
I basically sold the last bit I bought at .50ish.. So, I can honestly say, "COR has only made me $$" .. all the losses from the initial buys are still just on paper..
sorry guys..
I had to unload a ton of shares today..
Nothing in regard to RD leaking out.. Just needed some extra $$.. Have a new job and I am moving next month..
That analysis was as pathetic as a C.C. Deville guitar solo..
jd.. Am I reading the news correctly that JMP downgraded SIRT today?? What a bunch of out of the loop retards..
jerry,
Anyone that thinks iggs still owns stock in COR is insane ;)
He's only here to drum up controversy and get some cheap thrill out of ruffling feathers..