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Re: alertmeipp post# 36141

Sunday, 03/06/2011 11:25:27 PM

Sunday, March 06, 2011 11:25:27 PM

Post# of 47749
Please excuse my laziness, and illiteracy.
I think that what he said was that he personally would not support a sale of the co. for less than 50 million, and would lend his admittedly credant bulk to vouchsafe a much higher valuation.
Time will tell if and when CORX is sold, what its final price will be. I lost about a penny a share on $70k worth of stock plus a sizable commission, many on this board would gladly change places with me in the loss department. Perhaps my expectations were too high this time around, but I prefer high expectations and stop losses to a slow grinding down of investment capitol, particularly when I feel it can be more useful elsewhere. I bear the longs, and management no ill will, and hope to be back in the stock if the purchase price meets my metrics.
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