RespireRx Pharmaceuticals Inc (RSPI)

[drfreely]

"The mistake investors made was putting their eggs in one basket, and that's not Varney/Stoll's fault, it's our own bad judgement."

To that I would add:

1. Lack of trading stop-losses
2. Stop losses in place regarding material events: FDA whammys, de-listing, missed deadlines, lack of market reaction to publication of trial results.
3. Macho posturing in the face of SP collapse.

Of these the last is the most puzzling, since going down with the ship only allows management more time to continue their current course. All the message board criticism in the world won't affect them one iota.