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Neuro.. great point.. they are breaking the basic rules of math!
How can you include shares in your estimate that are made moot by the pricing of your estimate.. Amazingly sloppy..
true, but, it sure beats the alternative press release we come accustomed to.
however, I don't think it's going to do squat for the pps.. ; (
gfp .. if someone gave you a $100 bill you'd bitch because you wanted five $20s.. ;)
Just enjoy the fact that COR is "progressing" for a change ..
meixatech..
I think this post has stunned the COR board into silince for the day ;) ..
I too have wondered the reason behind the bashing..
There are always a few folks that are skeptical of management, or not happy with recent developments (I have been one of those folks).. but, it always baffled me when someone keeps kicking the dead horse and posting completely errouneous remarks, or spamming the site with articles that could appear to be bad for a stock, but in reality, are completely moot.
I have a feeling naked mouse may be one of those types...
great post!
What are you talking about iggs??
Last time I checked, COR was still 100% above the R&R target..
How long have you invested in the market? This pullback is completely expected.. We more than doubled in just a few weeks based on no solid news.. Profit taking is occuring as well as a few folks are cutting their losses.. If RD tanks, nothing pans out from the new compunds, and we are heading into 2009 on fumes, THEN we have a problem.. right now, I'm seeing COR up about 40-50% on the year, with a ton of events on the horizon..
You need to revise your perspective.. COR is not a $5 stock that tanked.. it is a .44 stock trending upward..
gfp,
You could be right..
However, I don't think the recent run-up had to do with anticipation of some groundbreaker during today's presentation, nor the day traders driving up the price..
I think there is something brewing in the near term, and real players have been nipping at some shares..
The recent sell-out was merely profit taking..
Who could blame people for taking some money off the table after that huge run-up? Heck, I was almost tempted to unload my shares at 1.10..
I hope I'm right.. but, you never know..
My plan is still in tact.. sell @ 1.99, or ride this thing to the ground ;)
not too bad.. down .03 cents..
I think all of the short-timers are gone for now..
Hopefully we make another nice slow run up to 1.30ish..
2 steps up, 1 step back!
I hope that we'll all not overract tomorrow if the stock dips a bit..
The key going forward is not to have such a day-by-day mentality..
If that's your style, then day-trade COR..
If you'e long, and you feel COR really has something, then it's the end result that counts.
Question for the board..
It appears that the one big worry is that COR will run out of money before anything bears fruit, and any BP will just wait and let COR tank via another PIPE before making a deal..
However, if COR keeps showing promise and potenial throughout 2008 for huge $$ in the future for a BP, why the heck would a BP wait to snatch COR up at an even greater discount and risk having someone else step up (or have a bidding war at that lower price)?
Would BPs risk waiting to snatch COR up?
If I'm a BP, and I think that COR is worth buying, don't ya think I'd not want to risk having someone else buy them out from under me?
Why would I wait until COR is even MORE attractive and cheaper??
A BP that thinks COR can make them hundreds of millions in revenue isn't going to keep COR on the shelf just for 10m or so less on the buy-out price..
It makes no sense..
THoughts??
I hope that's because he's been working his tail off getting things up and going ;)
I know this is a LEAP, but, he does sound a bit more animated (if Stoll can seem animated) than usual..
There's a nice positive vibe to his voice..
He seemed pretty excited about all the irons in the fire, as well as the majority of thing with a long patent life..
btw - the slides are up at the presentation link already if you want to preview them before Stoll starts..
JD,
Why such a short term view??
We're @ .85 a lot quicker than most folks thought we'd be..
The recent run-up just lead to .85 instead of 1.10..
We could of had no run-up at all..
This thing is going to go up and down in big leaps and falls over the next year until something pans out for COR.
The good thing is, COR is "trending" upwards..
jd.. just a bit of profit taking..
we should all be glad that this didn't take place @ .60, .70. .80, & .90 ..
If we close in the mid-90s, all is good ..
Here's to hoping Stoll has some good news today on a variety of fronts..
Yep, it's hard when you have a long term vision..
I like the 2 steps forward, 1 step back thing..
I can deal with that .. as long as I don't look at the pps every minute of the day :)
It's nice to see the momo players are just a small portion of things.. you can always tell they are in the mix when the stock goes in .0001 increments..
A 15% drop based on momo players exiting along with a few longs that decided to take their money off of the table isn't all that bad ..
I wholeheartedly agree..
I don't think any of us thought we'd be @ 1.10 entering this week..
If we can withstand the exodus of the short term folks, and end the day in the .90s, we are in GREAT shape.. especially if COR reveals some solid positive things on the horizon during today's call..
Hopefully that will bring some large palyers to the game, and the launching pad will be much better than .50 ;)
Flatsixer..
I think you are one of the few folks that get it here ;)
It's just a message board.. I write everything with a smile on my face ;)
Cheers..
enemen,
can you clarify your last comment?
"A ceiling on upward movement will be the R&R shares, which can be sold pretty much as of now, and may clamp SP at or near their sale price until that backlog is bought up. I think they have the option of selling shares above ~$2."
Are you saying that ~2 bucks is when R&R can start selling their shares at a profit? Or right now?
2 very differnt ramifications..
Also, if R&R can start selling at a profit around 2ish, don't you think that they might begin to change their tune of the predicted SP so they can make some $$, instead of keeping it artificially low just to make a silly point and hold a grudge?
Thanks..
"The "little community" to whom you refer is pulling the load right now. Relax and enjoy the ride."
Yeah right.. this is why I have a problem with you guys..
Don't hurt yourself by all the self-back patting..
I just gave you credit for not being like Fraudo and you pull a comment like that ;)
If that little community is pulling the load, what happens when you all sell and take your profits? Does it go back down? If you ask for credit for pulling it up, do we blame you when it dives back down??
COR is rising based on some stuff brewing behind the sceens, and not a handful of momentum investors..
Your little community effected COR about 3 months ago when we had a nice pump and dump.. this is real, and has nothing to do with you guys..
scs,
My thinking exactly.. I think the big pop is still yet to come.. the recent uptick is so light, that I don't think the hype buying has taken place yet..
I really feel that a pop over $2 is in the near future (it helps that we're already @ 1.10), and this board is going to be humming with "we're going to the moon" .. that's when I'm going to bail !
Hoping the next historical trend looking back in 2009 is .44 with a 2008 high of 3.00 with me getting out around 2.50 ..
or 1.99 ;) ..
You know my plan.. Biotech was too crazy for me.. I admit it! I just want my money back from COR (with maybe a small profit), and then I'm going back to the tried and true investment strategies that I successfully used in the past.. much less exciting, but a guaranteed sweet retirement.
Cheers..
Flatsixer,
I guess the point here is that even though there is a lot of chatter in regard to COR, it has only equated to a few 100K of additional $$ coming our way..
I have to agree with dockside et al, the floodgates have yet to open in regard to new money, as well as institutional money flowing into COR..
The beauty of COR right now is that it is moving higher on low volume, and building a nice launching pad for when REAL news comes forth (partnerships, RD success, etc.)..
Us LONGS (which are not stupid, just a different investment strategy than TAs) were pretty worried that COR would have to launch from .50 .. it looks like the 1.50ish will be the launching point for a nice run-up once the good news is out there and REAL $$ comes COR's way..
Just for the record, I know that all the TAs are claiming they called COR.. big deal! :)
I called it as well, so did all the longs.. we called it at .50 when we all double and tripled down..
jd,
never knew you were a NASCAR fan..
Junior winning the 500 really isn't as much of a stretch of COR rising past $2 and the Giants winning the SB ;)
I hate to say it, but I think one of the Gibbs boys will win this weekend..
I can't wait for Sunday!
food4thought,
I sold a decent amount of my .50 shares in the mid-80s..
But, I still have enough that my average holding are in the 1.70s..
I see some light at the end of the tunnel.. I just hope it isn't a train!
I sure hope this is the perception of the "new" investors coming to COR..
"Holy crap.. this thing is cheap.. 80% off its high!"..
I'm not sure why this is, but my stomach is in more knots now with COR finally over a buck, than when it was .50..
I guess I had written COR off and accepted the huge loss..
I'm sure glad I decided not to sell my shares, and actually double down as much as I could..
The fear now is just how far it has to fall if it hits .50 again..
It feels like all we've done is make the "plank" higher ;)
But, on the positive side, if there is something REAL behind this run-up, then over a buck is a nice launching pad..
Not a bad year so far..
I just hope we're not building up a house of cards..
It sure is nice seeing 2-3 cents of uptick each day..
I'm hoping that new money is coming in for a reason, and that the insider buying has stopped because things are brewing.
Neuro, any idea of the main things during the CC that will a)be very positive b) devastating c)immaterial ?
IF we can get up over $1 prior to some "real" news (RD results, partnerships, etc.) we could realiztically see $2 soon.. never thought that day would come.. it's nice that there is postive momentum backed by some real stuff ..
nope, fraudo didn't post COR on his site until after the big run-up..
he just caught the back-end of things, then claimed he called it all along..
OOOPS, then it actually went down.. poor Fraudo ;)
Just like ast time he made a COR call and it went from .70 to .50..
A blind squirrel eventually gets a nut now and then, but typically doesn't brag about it ;)
I think it is new money.. like Neuro said, probably from think tanks and other medical folks that are catching wind of the upcoming stuff in COR's pipeline..
Also, you gotta remember, it's all perception..
We (being the folks that have been around COR for the last year or so) see COR as a stock that got pummled and went all the way down to .44.
A new investor, big gains in his pocket from 2003-2007, looks at COR as a stock that is at historical low prices, a good value, and $3 bucks off its 52 week high.. what a bargain!!
It's nice to see some new money filtering in here @ .60-.80.
gfp,
I think we all could aggree COR was way oversold, but, we needed some NEW money to flow before it was going to start upwards again.. word of mouth can really move a stock like COR.. let's hope that there's really something brewing here, and the last days of runup is providing a nice launching pad, and not a PLANK to walk off of again ;)
gfp, that's what makes things so interesting.. money flowing into COR must be from new investors clued into some good news a'coming..
There's gotta be something brewing... decent volume ..
this has nothing to do with TA..
Man, I hope this is an indication of good RD results and some upfronts and annual $$ from a BP..
Neuro, what do you think may be going on here?
MF4 ..
I totally agree.. that's why I've just taken out the recent profits from buying in .40-.50 range .. nice to at least have some COR profits in the bank, but, still holding out that the bulk of my shares will get to be sold in the mid to high $1.00s..
SCS,
Somebody had to sell those shares that were bought today ;)
I have locked in some nice profits today, but, I still think that COR is going to hit at least $1 prior to the RD news..
And, for some reason, I feel that the news will probably be good.. I'm thinking the best next jump out point will be after the good RD news, and a new wave of COR-dreamers entering the stock.. I think a 1.50 jump out point may pesent itself soon .. it's so hard to play both sides, right ;) ?
Jump out and get some profits, but still hope for a nice move back to $2...
Having my 2008 profits almost off the table or way in the GREEN is good.. not too worried if the stuff I sold over the past few days may have been sold at a higher price..
It's the original stuff I bought +$2 which I want to unload in the mid 1.50s, which is easier to stomach the more the doubling down worked out..
Cheers..
asuhowe
enemem, with all due respect, a 3rd grader could have called COR's bottom at .40 something .. Let us not forget, he also called COR to shoot up to .80+ a few weeks later and it proceeded to go back towards .50 ..
Note to self: I should have never brought Freto up, for it only sparks controversy.. ;)
The main point I was trying to make was that it appears COR is moving upward based on the prospects of a brighter future, and not that of a short term pop...
Cheers..
Unfortunately, the daytrader in question pumps a stock on his site right after buying it himself.. it's usually a "6 hour spike" where he and his cronies exist immediately, and the stock tanks quickly thereafter..
I called them out many times on their IHub site and got thrown in jail ;)
I'm sure we'll see them again..
Luckily, Fraudo didn't have COR own the "watchlist" lately so he can't come over here and take credit for the recent run up.. ;)
RBlath,
I totally understand your point.. we all are going to have different exit strategies if we see $2 again!
First and foremost, I sure hope we're in that dilemma .. ;)
It all depends on the person's perspective and paper losses that occured when it dropped .46 ..
For me, $2.00 makes up for a huge mistake (the bigget mistake ever investing) I made in loading the boat with the large majority of my retirement into one stock (plus makes me a bit of profit), and, falls nicely with the past few months plan of averaging my stake down to about 1.70/share..
BUT, for most on this board, COR is only a small piece of the investment portfolio, and wanting $4-6 makes since..
If we see $2.00 again, even if it's $2 with a bullet, I'll probably sell all my shares, take a deep breath, realize I encountered a "no harm no foul" with my retirement money, and then probably buy a tiny bit of COR as an over-all piece of a diversified portfolio ;)
cheers.
asuhowe
FYI - Freto's boys aren't hyping the stock..
For all of you that witnessed the little pump and dump scam from Freto et al last year (the stock jumped up nice on a bunch of daytraders and then caved back down), I just checked his board, and COR isn't on the radar.. looks like the recent run might be sustainable without threat of a bunch of daytraders taking profits off the table.
Like I mentioned many times towards the end of last year, if RD results are good, I don't think there is a "set price" the pps will jump to (i.e.- RD is worth a $1.10, etc.)..
I think it's going to jump a certain percentage from a base..
It's very important that we see .70+ or more prior to the RD results.. It's all going to based on supply v. demand, and not some fixed price that COR will be worth.. It's all about the launching price ;)
just my opinion..
How did investing in those acquiring companies turn out?
Like I mentioned previously, I am very interested in investing in the company that takes COR out (if that is the eventually fate of COR)..
Although, you make a great point that the reaping of the benefits may be a while out.. However, I think that the time period may be a bit earlier than you described, for there will be some rise in the stock of the acquirer based on the potential of the COR assets long before they become market available (kind of a "we got the cash to really do something with these compounds, get on board now" hype.)
Good point, however, that's assuming 2 things.
a) That you're a person that looks back after you sell a stock
b) You don't take the info you know about the potential, and buy stock in the acquiring company..
For me, if I sell COR for a profit or break even, I'll never look back.. even if I sell for a loss...
Also, if I feel COR gets bought at a bargain basement price, I'm going to ad some shares of the acquirer ..
Cheers..
"$2-$3 range would be as dissapointing to them as it will be to us"..
Not sure if this is true.. I would be estatic with a $2.50 sale right now..
I'm sure there are tons of folks that have either just bought in, or averaged down, that would love to make a decent profit, or break even, and then never think of COR ever again ;)
Neuro,
Thanks for that, and likewise.