Replies to post #4564 on RespireRx Pharmaceuticals Inc (fka RSPI)

[jerrydylan]

http://stockcharts.com/h-sc/ui?s=COR&p=D&b=5&g=0&id=p09545307522 If there was something the COR debacle taught me, it was humility. I had plenty of it-stock and humility- at $1.02 and because I am looking better off these days, I still plan on remaining humble over this reversal. Overall today...pretty bullish. Do you homework FIRST! but I see a reverse H/S over at RPRX. Left shoulder complete, head being made now.....my own target is in the low 20's

[moosedogger]

With my luck, having missed the easy triple from $1.20 to $3.60, I'll catch the 70% collapse. That would just about cap off my illustrious career as a stock speculator.

History is wonderful stuff- absorb the wisdom but don't be bound by it-

I feel compelled to remind you of the following quote from the illustrious Marty McFly during the following verbal exchange:

Mr. Strickland: I noticed your band is on the roster for the dance auditions after school today. Why even bother, McFly? You don't have a chance, you're too much like your old man. No McFly ever amounted to anything in the history of Hill Valley!

Marty McFly: Yeah, well, history is gonna change.

I think you will find a way to win here- you already know what not to do. Just be careful- we want you to win.

cheers

[Market_Fest4]

GFP,
I suggest you stick with your plan. However, planning on a 70% collapse at $3.60 might not materialize for you. I think this thing is due for a little irrational exuberance. I see it slowly inching up towards $4 in the next month. Then it pops above $7 after the surprise FDA restrictions are lifted in mid-April catching short sellers off-guard.

Then, you might get a 30% pullback chance to buy in at $4.70 before powering ahead to $8.80 at which point it will gap up over $11 as a deal is announced pre-Monday morning sometime in May.

But, I'm probably just smoking crack,
MF4