RespireRx Pharmaceuticals Inc (RSPI)

[fearfrost]

Today is the first time in a long time where my COR holding is finally in the green! I started buying shares almost 2 years ago at $3 right before the March 2006 run to over $5. I bought more shares on the way up around $4. Then the trouble started. For the next year and a half I traded a few shares to make some quick money, but kept most of my core holding. When CX717 was shot down for the ADHD trial recently I bought a few thousand more shares at 0.45 out of desperation (basically tripling down). Looking back, I definitely put way too much money in, but now I'm glad I did. It is nice to see that after 2 years I have a net profit (paper profit) with COR. Hopefully this will be the case for most others on this board as COR continues to rally upwards!

My only question now is what do I do? After I lost so much money initially (on paper, I never sold for a lose), I vowed never to invest in small biotech again. So now I have the opportunity to get out with my initial investment plus a small profit. But... the RD trial is coming up and if those results are good I would have the chance to really make a killing... it would actually change my life financially if this ever hit $2+. The fear is slowly subsiding and my greed is starting to emerge. I won't do anything in the next two weeks, but I will be thinking about either getting out or going for a gamble again. I'd love any feedback, Ive never really been in this position.