It's a shame that RD poc, which very recently seemed to be Cor's golden goose, is now being offered as the sacraficial lamb.
SA is now the new slam dunk indication, right? Management, offering the most recent PR, clearly wants us to believe this and needs us to get on board, hoping that we may be more willing to accept this soon to come and seemingly obvious dilution.
Cor: Trust us. Based on our recent findings, the necessary sp depreciation will be short lived, and you as a loyal cor investor, will someday soon be rewarded ten fold for your patience. Yeah right.
Meanwhile management, and another soon to be named loan shark, will be piling on new options at bargain basement prices, once again misaligning themselves from its longly teased and tortured investors. I think I've heard this before. It'not all bad though, this new promise will bring in another slew of unsuspecting investors and will guarantee the salaries of Cor's hard working scientists for at least another year. Yay.
The play: Wait for the pipe, buy as many .25 cent shares as you can afford without getting divorced, be patient while you wait for the delayed slam dunk SA data, then sell, sell, sell after the share price has previously drifted to new lows due to silent management and consistently missed timelines. Sadly for longs, even after the exceptional SA data has been released, the economy suffers another blow, credit supplies tighten even further, and the share price of cor takes another hit due to its uncertain future. Big pharma is still cash rich but is unwilling to take a position in cor due to an unpredictible economic climate and uncertain regulatory environment under the new administration. Cor is soon to be broke. Seems like dejavu all over again.
Could be worse though, I'm at the Wynn in Vegy and will remain until Tuesday, so I could really care less what happens with cor over the next 6 days, just hit me baby and get me another goose on the rocks and please don't forget to place my 100k on Pitt-7, definately seems like a better play than Cor these days. Peace.
