RespireRx Pharmaceuticals Inc (RSPI)

[neuroinv]

Whether iggs is a 'basher' or not is of close to nil intrinsic interest to me. But it would be incorrect to presume "there's too little left to bash." Just as Cortex is negotiating with more than one partnering possibility, they are just as surely also talking to more than one possible source of financing. Any such entity which is seriously looking at doing so has a very clear interest in making sure that the price at which they buy in is as low as possible, since such pricing generally is calculated at something like 'the average of the closing price for the five days preceding etc. etc...' And with demand restrained by anxiety about the vanishing cash, it's pretty easy to dribble out shares to push the price down.

NeuroInvestment