Friday, October 24, 2008 12:22:12 PM
I'm sure everyone here is already well aware that the problem with Cor is that these constant delays between events continue to detract any momentum put in this stock by positive news. We continue to lower the sp basis, setting us up for minimal gains when solid developments occur. This is a pattern that will continue until Cor can string together a chorus of developments creating consistent positive pr with renewed interest thus sustaining high volume on an ever increasing share price. When and if this happens, Cor's share price will be less affected by these somewhat large block sells and can begin to create a firm floor. Without a more aggressive approach, one of which management probably has no control over, any chance of flipping this skid is going to be difficult over the next year.
Unless of course they get a real sweetheart of a deal very soon, this drift will continue and Cor will again have trouble breaching the $1 mark on a deal disclosure. Sad but probably true, handcuffing its large investors and adding more wait and see mentality.
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