RespireRx Pharmaceuticals Inc (RSPI)

[asuhowe]

gfp, I have put the TA guys on ignore so that I don't have to waste my time anymore kicking a dead horse..
The issue really came down to Jerry's obsession with treating this board as his personal blog..
He really went nowhere with his analysis..

I will admit I have used macro TA on large cap stocks in the past as a small supplement ..
However, when dealing with a stock like COR, the volume is too low and the stock is too volatile to use it in any way..

GFP... Even if you have to send me a private message or in Morse Code so as not to get attacked. .. At least for my sanity, I know you see my point on how a logical, well educated person (which I am), can take issue with a self proclaimed TA expert utilizing TA on a stock like COR.. He must not have gotten the memo..
It is an insane application of the methodology..

I stand by this quote, "It's like circumsising a hummingbird with a weedwhacker."

As for COR and the next month.. I think sideways trading between .70 to .80 is the deal..
I also agree that they won't do a PIPE if RD goes bad.. they'll call it a day, and try to salvage something in a fire sale..
I still think the downside risk is about .75. Especially after seeing all of the bio buyouts lately..

Cheers!