Thursday, November 08, 2007 11:45:27 AM
I haven't kept up with shares outstanding vs the lows over the years, but of course the less shares out the better.
To me Cortex has always been the poster child of an emotionally valued stock. It is the promise of what cor might do that has driven its price in past, imo. I don't see any reason that changes much today.
Maybe a little less so now with instant information, but still, when everyone is thinking that it can do no wrong, i get nervous.
And of course the flip side, when everyone is negative on it, as is the case these days, I see that as often overdone on the downside, and I get pretty bullish.
I am getting closer to being right about where I want to be with Cor for now, unless it keeps dropping. I sold off a ton, for me, on conference call day, starting at .78 and downward, most in the mid 70's. I just don't see much different today, then the day of the conference call, except the shares are on a clearance sale. Likely be a long haul, but they can't short it enough for me to stop buying if it gets ridiculous. (on no news, and all things being equal to today at least.)
Take Care.
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