RespireRx Pharmaceuticals Inc (RSPI)

[Market_Fest4]

If RD results are strong and the stock pops. I predict it's pop will be brief with disappointing follow-through. It will retrace 50% by day 3, and many long-time holders will scratch their heads and dump in frustration.

After a period of quiet accumulation lasting up to 3 weeks, the stock will quietly firm up and rise to the initial pop level. As some long-time holders that had dumped continue to watch COR, while slowly mulling a repurchase at a higher price, some bio analyst will sing CORs praises, getting huge attention on CNBC, Barrons, etc. The stock will begin trading huge volumes as funds put it on their radar screens and build positions, the price will begin a long move up that gets it into the $40s.

Unfortunately, the long-suffering longs that bailed in the $3s and 2s, that took too long to get back in at a higher price will have missed the boat.
MF4