Sunday, January 03, 2010 11:30:27 PM
The science is very intriguing, as are many other things.
I think there is an extreme level of misconception when it comes to investing.
The first, relating to Cortex, is, placing your money in Cortex is speculation or day/short term trading and is in no way investing or an investment. Speculation/short term trading, period. In short term trading, there are charts and information to go on, but no solid base to those charts, just chart dynamics within a speculation company. There is absolutely no rationale way to call it investing.
There is always upside to speculation and therein lies the fun but the downside is always there and seems to come more often than the upside.
In every downside story, there will always be extremely smart people who believed in it and sometimes they were right but the opportunities were not there. There will always be extremely smart people who also do not believe in it.
I know exactly what brought me into speculation plays, mostly biotech and now will focus back on investing.
The downside is 0, forget value of the IP or anything else, the value to us shareholders is the value of the current share price and that includes the perceived potential.
No other value is there but the potential of value will be there until either the potential is verified somehow or the stock becomes completely worthless. The latter has the greatest likeliehood
I will hope that the potential is verified in the upcoming days/weeks but in all seriousness, if anyone is thinking about buying it in the near term as an investment, I'll do the longest nose grab I can.
The upside potential as others have talked about endlessly seems viable but it is potential that is comforting in nature regarding the significant past losses and giving hope to whatever remains. It's always nice to have hope. Shawshank redemption relayed it well regarding hope.
Until the last day there is upside, do you want to buy it the day before it croaks or do you want to wait until after something good happens. Which side would one rather second guess afterwards...
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