Alertmeipp,
I'm not a medical science guy and I am frankly sick of waiting this thing out. I am out of my element here and all of my rotten eggs are currently in the same basket. I do think that we may test the lows, however I will hold through the downturn and sell through upward momentum while retaining 20% of my current position.
The future may be full of promise but Cor has no money and to believe management 100% at this point, that a merger or acquisition is near... well we've been here before is all. And my going concern would be that more financing will be required to finish the SA trial, now that it has been delayed. Time and money will be needed to secure a deal if the data is good. If the data is bad, who knows which direction the current management group will take this company. Would they consider stringing this company along in order to satisfy their own greed and maintain a cushy income in a difficult job market? Possibly. This would mean, as GFP has already stated, selling off bits and pieces of their IP in order to gain some cash flow while depreciating the value of the company in the process. Or will they seek a reverse split in order to do more and more financing. If the latter is the case, todays price will seem quite high. Remember the delisting agenda is just around the corner. Cor either offers a believable game plan or it's off to pinky land.
Again, I do not understand the near term full potential, nor am I secure anymore with putting my money where other peoples mouths are. It's what got me in over my head here in the first place. Who do you believe this go around? Iggs has turned into the board optimist and our resident expert has become far less so. I know longer can interpret the optimistic or pessimistic views of individuals on this board, nor do I have the time. Not much has been predicted correctly here, so I am taking what little is left of my $500k and putting into less risky etf's for the near term. I'm targeting mid .30's as an exit point. I was greedy and paid dearly for it. I've been consumed by this investment and this board over the past 3 years, and where did that get me. I have two restaurants to run, which are doing great by the way, and better ways to spend my days. It is an entertaining board but my focus needs to change for I think the dream is over. Good luck to you, I hope for everyone's sake here that Cor finds a way to shock the world. Although, I'll probably have AD before that day comes.
