RespireRx Pharmaceuticals Inc (RSPI)

[bigworld]

I needed $6000 more in realized losses to offset my realized gains in other things so I dumped 3000 at $0.11...the shares got scooped up in seconds. I'll dump the rest of my CORX next year to offset gains I realize early next year. The sad truth is that I'll probably get less than $0.11 next year because I really think the game is over for Varney et al. Would they really do another PIPE at 10 cents a share (or less) just to keep their jobs for another year? What do they hope to accomplish next year that they couldn't accomplish in the last 5 years? They're out of cash or at least close to it. I wish Stoll had sold the company years ago. Now it is probably too late, unfortunately. It would be a miracle if the remaining shareholders could get even 50 cents a share in some buyout at this point. Incompetence is not a crime. Biotech is a hard field to find success, for management and for shareholders. My advice from here on out....stay away from small fry biotech. Stay very far away. The only way to finish with a small fortune by investing in little biotech is to start with a very large fortune. And that's the truth.