RespireRx Pharmaceuticals Inc (RSPI)

[scstocks]

Hello gfp, First let me say thanks to you and all others who have been posting such interesting info on cor lately, even if I only grasp small parts of it. I love learning new things, and learning from different angles, with differing opinions.

I am in oil plays that hope for falling prices, dug and wnr. I tried to bottom fish BAC, Bank of America, and stopped out at 4% down yesterday. At some point I can see myself playing a large bank with good capital and a good dividend, but not now. They are becoming oversold, or are they????? And of course bio's.

I am not currently in cor. I sold out on the last 1.20 spike day of June 4th, when I posted I was lightening up. Actually I thought about it for a minute after I posted and then sold out completely. No news runs have historically been a good place for me to sell cor.

I tried to buy back in at .73 around the 3rd week of June but my orders would not execute and I decided not to chase it. Wish I had chased it a few cents now

I posted recently that cor seems weak to me in here, and i posted a minute and a half worth of consecutive trades to show how it dropped from .97 to .82 on very few relative shares, and VERY quickly. It is what I think of as a classic cor "push," where the price is pushed up artificially and anyone trying to get out has to do so slowly, or get crucified. If you are buying, even relatively small amounts, the price gets "pushed" away from you and really gets pushed if you are trying to get quantity. Hence the move from .82, after a 5k sale, to .89, on a 100 share order. I almost couldn't believe my eyes. Those were consecutive trades in the middle of the day. Wouldn't it be nice if it moved up 8.5% with EVERY 100 share order!!!

I once posted about tossing out 3 consecutive 5k sell orders in cor and they were gobbled up without moving the bid/ask much, if at all. I sign of real strength imo, and cor nearly doubled from there. (It could have even done better than a double, i forget exactly.) Well now the opposite is happening, imo, if you throw some sell orders at cor now, the price seems to plummet very quickly.

Anyway, that's not the kind of action that I like to be in with cor, so I am out for now. I like to buy when the price seems to be being pushed downward. Doesn't mean you can't make money in it if all goes well, and you don't sell out all at once, but I am just not willing to take the risk for now.

While we are at it, take a look at ACUS, they got an NDA on June 30th, they're low on funds, and got a non compliance NASDAQ letter today. Investors are nervous about it. I love them going forward. This nda has a 2 billion dollar market, (according to the acus ihub board, i have also posted dew on his biotech values board and am waiting to hear if he is familiar with acus,) they have been through phase III, they should get a go/no go from the fda by 2/28/09. Of course we all know that may change with more info needed and that kind of thing, but they are pretty far along.

They are that far along and the stock is .53 with 46 million shares out. It didn't pop that much on the NDA approval, so in my mind, it is not written in stone that cor goes through the roof if rd shows proof of concept. It may not budge much, or for long. Or, it may take investors a while to realize that cor has the real deal, given cor's history, should rd go perfectly. And then Cor is still a long long way from phase III being completed, if at all.

Now that I have said all that watch cor come out with great rd results, and as someone I know says, goes to the moon baby!

Take Care.


ps, dew just pm'd that he does not follow acus, so now i have to dig a little deeper. ihub is so great for sharing knowledge. If anyone has any info on market size, other players, even guesses as to fda actions, ect, I would REALLY appreciate any info posted to the ACUS board, thanks.