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Corgenix Medical Corp. Message Board

shaftesbury3 12 posts  |  Last Activity: Jul 7, 2014 2:24 PM Member since: Nov 1, 2007
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  • Reply to

    Slow Drift Down

    by arielsquarefour Jul 7, 2014 1:30 PM
    shaftesbury3 shaftesbury3 Jul 7, 2014 2:24 PM Flag

    Last year they put out several substantive news releases over the summer. I expect at least one or two prior to earnings this year, but of course "substantive" is not necessarily the same as "good."

  • shaftesbury3 shaftesbury3 Jul 2, 2014 3:47 PM Flag

    Why gamble on it? Same as any other gambling, only more rational. If it's 50/50, the odds are in the longs' favor. The most longs can lose if VHC gets shot down is 100%. The upside if VHC wins is unlimited, and will clearly be much more than 100%. If you can live with the potential loss, it's a good bet. No doubt it's risky.

    But surely the most money gained and lost on this stock has been by traders, which is perhaps why you post, terp516. Any long-term commitments about the outcome are secondary unless you are working for one of the principals, which also seems reasonably likely.

  • Reply to

    One Last Blast

    by arielsquarefour Jun 23, 2014 4:42 PM
    shaftesbury3 shaftesbury3 Jun 23, 2014 8:09 PM Flag

    I get your frustration. Me, too. It's not easy running a civilization [insert favorite Congress joke here :) ]. My point was not so much about the minimum wage as that a shrinking middle class and increasing wealth gap with masses at the bottom and few at the top is bad for everyone - eventually. Really bad. That's why dictators and kings get overthrown. The system is in trouble, and the government decides how that works, and the rich are getting richer and the poor poorer, or at least more numerous, so I don't quite get how the government is abusing the rich -- the government creates the system, and it's currently to the advantage of the rich, redistributing money in their direction by default if not intent -- and maybe by intent because the rich are mostly the ones in office. Any attempts to fix it will be imperfect at best, some having the opposite of the desired result, and all will have unintended consequences. I think that a shrinking middle class and increasing wealth gap and increasing masses at the bottom is a serious problem, hard to solve but needing to be solved (there are lots more ways to miss a target than to hit it). Do you think it's a problem? and do you think that less government is the solution? Why would you think that? How many well-functioning, prosperous and enduring laissez-faire countries are there compared to countries with significant elements of socialism (most of Europe)? I'm not talking make-everyone-equal state-owned-everything communism (kingly seems to only see the all or nothing with no in between). Out for today.

  • Reply to

    No joke

    by participant42 Jun 23, 2014 2:17 PM
    shaftesbury3 shaftesbury3 Jun 23, 2014 4:44 PM Flag

    " when you can make more on unemployment, snap, and whatever else is out there then you can working, why work?" Exactly my point, and THAT is why you should support higher wages, rather than because you're ticked at liberals for making the same point. Well, you might say, we should cut welfare instead of raising pay. And I would say, right, and let them eat cake! I refer you to Jean Valjean, the reason for his crime, and how that worked out. A large, prosperous middle class is essential, and if working people can't make it, it's bad for everyone even from a selfish point of view, not to mention from compassion.

  • Reply to

    No joke

    by participant42 Jun 23, 2014 2:17 PM
    shaftesbury3 shaftesbury3 Jun 23, 2014 3:40 PM Flag

    Yeah, fine. But when people who are determined, who work hard at two jobs, and who persevere are still not making a living wage, are afforded no dignity in their productive if mundane jobs,and are disrespected as leeches on society, there's a serious problem with the system, and that's the system we have. And do you really think that all or even most of the 1% earned their way there by creating something of proportionate worth? You don't suppose that psychopathy is the most effective personality type in order to gain at the expense of others? Henry Ford knew that a large and prosperous middle class was good for him, for Ford, and for the country. Today's 1% doesn't get it.

  • shaftesbury3 shaftesbury3 Jun 18, 2014 10:06 AM Flag

    I made about a nickel a share, so it was ok. Not quite enough to retire and buy a yacht with. But as you can tell, I am watching, and if there is a dilutive event I expect that I will jump in on the reaction.

  • shaftesbury3 shaftesbury3 Jun 17, 2014 4:45 PM Flag

    Stock, you did nail it! Good move unloading some. If I'd had any, I would have done the same. I still expect dilution of some sort to knock the price down, but I expected it before now, so who knows?

  • shaftesbury3 shaftesbury3 May 29, 2014 3:12 PM Flag

    I can deal with the repetition, but when you spew venom and insults, it's time to ignore you.

  • Reply to


    by participant42 May 21, 2014 12:16 PM
    shaftesbury3 shaftesbury3 May 21, 2014 5:02 PM Flag

    And it was actually at 20 cents for a relatively short time compared to how long it was at 10 cents, plus or minus. THAT was forever. It would take a psychologist to explain why many long-time longs (which I am) so little appreciated the not-so-long-ago double to .20. The even more recent rise to the .30s, with volume, and all the new energy on the board are great, and warranted, and what we thought should have happened a long time ago. And like most here, I expect it to continue to get better based on increasing visibility of Corgenix's fundamentals and expectations for strategic options.

  • Reply to

    How Quickly the Volume Goes

    by arielsquarefour May 19, 2014 12:01 PM
    shaftesbury3 shaftesbury3 May 19, 2014 12:36 PM Flag

    A, you might as well stock up on the cheap stuff. No need for Carnak for a few months.

    But we should hear some results on enhancing shareholder value before then.

  • shaftesbury3 shaftesbury3 Apr 25, 2014 4:25 PM Flag

    I've held CYD for a long time knowing it's not going away, is in a rapidly growing economy, and pays great (if somewhat erratic) dividends. I've also made a very few trades along the way, and I'm going to do more of that. While holding 75% in a core position, I would at this point buy anywhere below 20 and sell anywhere above 21. It's likely to move to both of those places on its own time. Patience.

  • Reply to

    Whats up?

    by gustaferjones Apr 25, 2014 1:27 PM
    shaftesbury3 shaftesbury3 Apr 25, 2014 3:28 PM Flag

    Before this, some of the more recent spikes in price were accompanied by relentless pumping on this board, and the price proceeded to plummet right back down in short order. No pumping this time, so my guess is that there is some actual buying/accumulating based on fundamentals by investors, not manipulators. That's my guess, but even if I'm right, there remains some risk of dilution or reverse split. On the whole, it's looking good. Even if those risk factors occur and the price reacts badly, it will be temporary, IMO.

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