RespireRx Pharmaceuticals Inc (RSPI)

[asuhowe]

SC..
I really never got into the history of individual stocks until about 6-7 months ago..
My lofty portfolio (at least lofty for a guy that grew up dirt poor) was built via market index investments and some steady moving mutual funds (and a bit of BRKB in the mix)..

COR, as I mentioned a while back, was my first encounter into anything riskier than CAT or MSFT.. And, well, I invested eveything I could into it, and lost 75% of my retirement funds..

One thing I have been doing lately since I am glued to the computer to see the current COR saga, is looking at charts of stocks that were mere pennies a few years ago, and now they are $5, $10, etc...

Why did folks give up so easily on these stocks?? Wy did they go sooooo low and then make such a huge comeback within a few years..?
I'm pretty confident to guess that these stocks were once in the same shape COR is.. Potential, but curretly out of favor..
Heck, COR has been there 12 times before!

Valuation logic in Neuro's article proves this point.. Yes, he took a swag at putting COR at a mid-$2 price.. BUT, like he said, it's likeocket science compared to the .30 price of R&R.
TO think COR has ZERO inherent value is completely obsurd.
Yes, Stoll has bumbled a few things.. Yes, the ADHD set-back sucks.. But to value the current/future patents, partnerships and pipeline at ZERO makes no sense.. a conservative estimate shows a complete disconnect from reality..

2 things give me hope for the COR future (and the future of my 350k shares)..
1) You can show tons of stories of a stok beaten down like COR that rises from the ashes
2) A stock that can be overerly slammed on the downside can be just as easily be overhyped on the upside. If COR's pps can be 20% of what a conservative valuation puts it at, it sure as hell can be 5x of a conservative estimate in the future.. Waiting patienty for the pendulum to swing to the other extreme is key..