InvestorsHub Logo
icon url

alertmeipp

01/07/10 1:06 AM

#31731 RE: Aiming4 #31730

nobody knows how each event would translate to share price reaction...

Cortex is trading at very cheap valuation now, less than 10 millions. Selling now may mean missing the train when it finally moved.
icon url

food4thought

01/07/10 10:01 AM

#31733 RE: Aiming4 #31730

Aiming4,
As I mentioned, it was a vague e-mail and my investment has been dwindled down to peanuts. It makes little sense for me to exit at this point. If a deal were to surface with more favorable terms, which I doubt, or SA data would turn out to be better than expected, which I doubt, the last thing I would want to be is out of the game after this long decent.

It appears there is still hope in Irvine, but I wouldn't consider an average down until I know more of a necessary financing and workings of a deal. Neuro's point, that Cor's last consideration needs to be a sale of the company, does make sense but the impression I got was that Mark really wants to continue their efforts independent...of course he would. What he wants and what is possible may be two entirely different things. I again don't think that's great news for the current shareholder but am not going to take the chance of missing a positive run up for whatever reason. Many other bio's have come back from the dead recently, who is to say Cor may or may not be next.