RespireRx Pharmaceuticals Inc (fka RSPI)

[gershfinance]

Looks like at least SOME of the activity is from warrant exercises. The below is from a filing from the Company today....

Basso Private Opportunities Holding Fund Ltd. sold 133,334 shares.


Over the past 11 days, the stock has gone down sixty-ish cent or so, 25%, on volume of just around 2 million shares. Volume is no higher than normal....and with not a lot of buyers in biotech or the market at this point in time, a few extra hundred thousand shares of supply seems more able than usual to move the price lower, faster.

It's frustrating to sit through, but equilibrium will return, and the Company's story will hopefully speak for itseld and reward we long-suffering longs.

In short, this sucks but seems to have a rational explanation...