Tuesday, February 19, 2008 10:44:19 PM
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??
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