Thursday, July 09, 2009 4:25:43 PM
Unfortunately it's not me, I was waiting on an uptick after the conference call which never came. Still holding 356K. I'm going down with the ship. Looks like next stop .17. If delisting news hits, we may reach .10. Deterioration until M&A news is likely. By then the double may be .25. Time is the enemy with wavering confidence the consequence. A buyout needs to happen soon or a reverse split becomes more inevitable followed by another pipe and further deterioration of share price. No question about it, cor is finished. If they find a way to acquire funding it will be at a huge cost to the shareholder.
Looks like iggs quit buying and appears to have gone quiet for some strange reason. He and mouse, not to mention crease, are seemingly going to have the last laugh at all of our expenses.
As for now, I am building a cash position to reenter the market on a broad scale pullback. Buffet too seems to feel further market deterioration is coming with obvious economic indicators merging to the negative. I'm going to chance gold and a few etfs on the pullback with the hopes of a short term rally. Bigworld seems to be on point thus far so following his advice for now seems to be a decent plan. Good Luck on your cor holding, we gonna need it.
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