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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (23160)2/23/2007 12:28:27 AM
From: Jibacoa  Read Replies (1) | Respond to of 23958
 
Ray,

COR is selling below the level from where it started its "run" Jan-Mar last Yr., but is above the level from where is staged the more impressive "run" Mar to Sep in 2003 <g>

It had a good spike today & was able to close its Jan 17 DG, but still has to deal with the Oct 27 one. <g>

bigcharts.marketwatch.com

Apparently its CEO,Roger Stoll,Ph.D.,did a good presentation today at the 19th Annual RCPGS Conference in CA & people liked, since the stock continued to perform OK AHs.

The Co, has had 4 consecutive Qs of lower revenues & higher losses& the FDA placed its CX717 on hold last Yr., pending concerns about some preclinical animal data.

Last month they raised around $5.6M after placing 5Mshrs & 3M wrrnts with private investors.

The stock sells around 2.7xBV, has no significant LTD, insiders hold around 10%, the SI is around 1.9x its DAvgVol & increased > 60% in the last month.

It is still at MBR, but I don't see anything enticing about it, albeit I haven't listened to Roger's talk today.<g>