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.