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Replies to #55179 on Biotech Values
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Aiming4

11/23/07 11:48 PM

#55180 RE: DewDiligence #55179

COR will likely garner a lot of votes in the 2008 edition of the poll as well, and could quite easily be a 100% or 200% gainer in 2008.

The other thing the results highlight is the susceptibility of biotech stocks to highly binary events.
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zebra4o1

11/24/07 12:29 AM

#55183 RE: DewDiligence #55179

Dew,

From my perspective, Cortex recovered very nicely during 2007. The stock price spent three or four months in the $2.50 to $3.00 range after starting the year at around $1.20. I certainly made money on it - would have made a lot more if I had got out earlier. I'm making progress on the 'buy low' part of investing, but can't seem to master the 'sell high' part.