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Wednesday, November 07, 2007 11:06:58 AM
If a person believes that COR will bounce back and its inherent value is at least $2, then buying at these levels is going to pay off big time in a year or two..
The day in day out slow drift (maybe even down to .50 and lower) is going to be adventageous for someone like you that took their chips off the table pre-FDA fiasco.. It's going to be gut wrenching for folks like me that need COR to go back up to $2 just to somewhat break even, not earn a nice profit like you ;)
Over the next 6-8 months, I think the last of the $2+ holders will bail (the ones that can't stomach the mess anymore, or get out if we move over $1.00 and it's a palatable loss at that point), and then the pps increase will be due to a 'refreshed pool' of interested COR investors..
I hope I have the intestinal fortitude to hang in there.
And, I hope I'm not a complete idiot for still having faith ;)
The road ahead will have days of disaster as the last of the $2+ folks bail, and then some sunshine days as a new investor with some profits in hand (yeah, it's hard to remember that a lot of folks made tons of money this year!) buys into COR..
Here's a sad/scary note.. I have about $1,000 of 401K contributions that I can invest in individual stocks each month.. That's my way over the next year to dollar cost into COR .. (or is that, my throwing good money after bad effort)..
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