RespireRx Pharmaceuticals Inc (RSPI): Absolutely, but at these prices, 20K chu...

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Re: Market_Fest4 post# 15107

Sunday, 01/27/2008 5:51:07 PM

Sunday, January 27, 2008 5:51:07 PM

Absolutely, but at these prices, 20K chunks dom't communicate much as a bullish signal, or bring in wealth if the company is sold at a SP that leaves most of the options underwater. After all the blood, sweat and tears they've been through, selling this company in the $2-$3 range would be as dissapointing to them as it will be to us.

If hedging against a $2-$3 buyout explains Stoll's purchases, then he should buy a bunch more. He can get 100 K shares for about $60K. If he were to do that, he'd make a few million in the event of a garage/fire-sale. He can buy a decent car for what his recent shares would bring in.

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