RespireRx Pharmaceuticals Inc (RSPI)

[food4thought]

Thanks big. I see what you mean in regards to a quick VXX reversal. I hope you are right for I am sitting on a fairly large cash position and a pull back would give me an opportunity to get back in the game. The volatility index seems to be more sensitive than the general market so I may take your advice and dabble in VXX a bit but for now I feel more comfortable holding cash through the turbulence. I like your call date of Aug 14th as it is the birthday of my daughter and girlfriend, a buy signal if I ever saw one.

The Varney e-mail was surprising. Glad to see they are extending cash a bit further than expected. I'm not going to get my hopes up but the extra month or so of available cash may yield us the desperately needed SA results. The bio sector is ripe right now and positive data I think would reward us our investment and then some. This is the uptick I've been waiting for in order to exit but holding seems a better option right now with the possibility of a trial completion. By years end the story should be told so your capital gain offset would still be a possibility should the results be funky, so why not wait it out. Good luck, I'll be keeping an eye out for your posts and next move.