Saturday, September 13, 2008 1:37:39 AM
I think you missed the entire point of the last post...
All the guy was saying is that he has stopped worrying over what may happen if RD-1 results are a complete disaster and COR runs out of money and has to sell itself on the cheap (i.e. - the sky has fallen) ..
He was simply making the point that the worst it can get from here is, well, here .. a sell-out at around .90..
Not too bad a place to be in really.. why sweat now and sell when the ultimate worst case would probably be a .90 selling of the company..
Not once did he say that this is his prediction.. not once did he say he thought COR sucked..
"I sometimes wonder
how a number of investors on this board can be long on Cortex with such negative opinions of the company and it's products. If I felt that way, I would have sold my shares a long time ago. "
Your question is answered in his emaill.. why stay, because it's a lottery ticket without any risk right now... That's why I'm still here, that's why a lot of us are still here..
I don't think there's a person on this board that thinks the ultimate demise of COR will be anything less than about .90..
Yeah, we may hit .10 along the way if things go bad, but, but .90 sounds about right best case scenario because they really do have something to offer.. the question is if they can deliver the value or someone else will have to..
Hell, I'll take a no risk bet any day with an upside 2-6x of where we are at now.. it's all house money, IF, you don't panic and sell.. I feel like I have 300K under my mattress right now with a GOOD possibility (based on RD-2 data) that the tooth fairy is going to double or triple it at years end..
Cheers!
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