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Re: davidal66 post# 4542

Monday, 03/12/2007 12:53:10 PM

Monday, March 12, 2007 12:53:10 PM

Post# of 57986
GFP,
I don't see a reason for today's spike in your price movement scenarios. What do you think is behind this move today? Is it follow-thru from last weeks strong finish? Is it JerryDylan's reverse head and shoulders? Is it speculation that Schering-plough will make a bid for COR in a few months?

I sure am glad I bought some around $2 - feels better than $2.40 But, I suppose $2.40 would feel better than $4. At $2.50, it would be the same price it fell to April 3rd, 2006 just after the FDA announced the hold and we had no idea what was wrong with CX-717.

Eleven months later that question has been answered, CX-717 is still extremely safe, minus any ambiguity, and it would seem the FDA will remove all dosing restrictions shortly. CX-717 appears to be the ideal medication for ADHD, not to mention the other orphan indications. It's hard to imagine that a BP will ignore COR for much longer. There might be pending deals already in the works contingent upon an FDA blessing? COR was trading at $5.25 on March 31, 2006.

Sometimes CD's pale in comparison. I'm sorry you couldn't find a few bucks to get in cheaper, as closely as you've followed COR over the years.
MF4

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