Oh, The Gloom and Doom,
The last time Cortex had a Calender year low hit near .30, it also hit 6.68 7 months later.
Oh yee of little faith, you are banking on Cortex not being able to come back.
They have come back 12 consecutive years in a row off yearly lows.
So in affect you are saying that this time, this time that once again Cortex faces real conflict, is the one in 13th time, that Cortex does not recover.
Are you kidding? You can argue the fine points all day long, and I am sure you will, but I think you give too much credit to the average investor.
Anyway, 12 months without having to worry about cash, then still having 6 months in the bank. They are smart, they want their research to continue, they will find a way, imho.
They have a 100%, 12 consecutive year track record, of coming back nicely from a yearly low.
Rise above the clouds, become dispassionate, just look at the share price over TWELVE years. GET A GRIP.
Some will say they are not quite there yet on the low, but with 2.5 months to go this year, I argue they are close, and if they haven't quite reached it yet, then at least one of us will be buying all he can.
Welcome to the real world of Cortex investing.
Below is a partial reprint from post 11088:
The first Date/Price is the lowest reported price for each Calendar year, followed by the highest reported price within the following 12 months. (note I think google uses week end, or some measurement because it only reports 2.97 for 2007 high, when we all know it was over 3 for a least a day)
Cortex has been very profitable to those that can stomach the heartaches, grit their teeth, buy/add when perceiving a yearly low, and selling on the pops.
Obviously, on most of these yearly lows, investors did not think highly of Cortex, some likely thought they were going under, management sucked, you name it. Not unlike the current environment imho........
Nov. 95= 2.75, Feb. 96 = 7.25 3 months +4.50 share
Oct. 96 = 2.62, Nov. 96 = 5.12 1 month. +2.50 share
Dec 97 = 1.68, May 98 = 2.43 5 months. +0.75 share
Nov 98 = .375, June 99 = 1.20 7 months +0.83 share
Apr 99 = .281, Mar 00 = 6.68 11 months +6.40 share
Jan 00 = 1.34, Mar 00 = 6.68 2 months +5.34 share
Apr 01 = 1.62, May 01 = 3.21 1 month +1.59 share
Dec 02 = .60, Sept 03 = 4.47 9 months +3.86 Share
Mar 03 = .61, Sept 03 = 4.47 7 months +3.85 share
Aug 04 = 1.65, Jan 05 = 2.85 5 months +1.20 share
Apr 05 = 1.07, Mar 06 = 5.50 11 months +4.43 share
Dec 06 = 1.25, May 07 = 2.97 5 months +1.72 share
