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Re: ombowstring post# 36028

Sunday, 02/27/2011 11:27:51 AM

Sunday, February 27, 2011 11:27:51 AM

Post# of 47750
Ombow. I would like to clarify a misunderstanding you might have regarding my motivations for selling Corx, and the recommendation that others consider doing likewise.
It is my belief that CORX is in a financial death spiral. Whether we sell our shares or not will not change that fact.
I do, however, believe there is light at the end of the tunnel. For this to occur current management needs to go. I believe the only way this will occur is when there is no money left for salaries, or rent.
When this happens they will go. Not before. For this to happen the share price needs to go much further down as it will prevent current management from obtaining additional funds.
It is also my opinion that, as you've said in a previous post, few posters on this board pay much attention to what I have to say. So when the share price craters further, as I believe it will, no credit will be due me.
To answer your final question as to why I sold my shares when I did. As stated in numerous previous posts, I held my shares until the release of SA data. After reviewing the data, and and the lack of positive market response, I decided to sell. I didn't realize that by posting on IHUB, there was the requirement that I notify posters of my stock transactions in advance. If you feel it important, in the future I'll send you an email to let you know my trades in advance.
As a final note, I appreciate your postings of your communications with Mark, although I find them more revealing in their tone, than in their content. I also appreciate your unabashed faith in God, and his Son.
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