food4,
You are entitled to be bitter about Cortex SP. If you could afford to gamble that much, you can afford to lose it. I'm sorry you got burned so bad.
There are many here who have jumped ship, or will do so as soon as they can get a little more for their shares and lock in a loss. But, what if management has a good plan to get some value back? Sure, it will take some time, but if any of the irons in the fire prove sucessful, the share price could triple pretty easily. They have some cash and 3 potential irons in the fire that should prove good, or bad, sometime in 2008.
Look, I've been at the forefront of Stole-bashing. I was the one that first brought the carrot on the ever-lengthening stick imagery into vogue on this board. I started using the phrase "show me the GD money already", so I can't be accused of giving them a free pass. But, after some reflection this weekend and dealing with a large paper loss, I can't truly blame management for the FDA's latest boner.
Management proved the histo problem was an artifact. The FDA rejected the facts because they were afraid of their own shadow. The Psych division are cowards. The process lacks fairness and transparency. It sucks. But, we can't fix it. Stoll can't fix the FDA. The climate changed during the 3 year saga since ADHD had sucess in the clinic. How can management be truly blamed for this?
If Psych had any balls, ADHD would be heading into the clinic and we would all be hailing Stoll. Some here expect Stoll to anticipate every landmine possible. Hey, we grilled him for the latest PIPE. In retrospect, thankfully he did it. No, we've had to dodge a number of missles and still COR is alive and has some irons in the fire.
At $.70, I'm buying a call option with no expiration on a stock I can convert for free should something work out? Double or nothing. I'm willing to give it one more try.
MF4
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