Replies to post #7909 on RespireRx Pharmaceuticals Inc (fka RSPI)

[ampakineman]

Re Targacept:

I know nothing about the company, but decided to look at their recent drop. I researched TRGT..hope that's the one you're referring to.

I get a drop from a high of $10.79/sh to $9.65/sh. A drop of $1.14...or roughly 10% of the high.

I also note that they had a pretty good pop today ($0.40...~4.5%).

I'm not sure (respectfully) whether your comparison is valid. The TRGT drop is 1/3 that of COR (percentage wise)....and did show a positive movement today. I think we've had close to 15 consecutive days of dropping. Some of them (like today...especially cruel)

What am I missing in your comparison?

[money4retirement]

"The difference for Cortex is the warrant conversion, where a sectoral retreat becomes temporarily amplified by conversions and sales."
------------------------------------------------------------
do we know how many warrants are still outstanding??

is the process (conversions and sales) nearing an end??

[haysaw]

If the CC includes more commentary from ongoing positive CX-717 discussions with the FDA, then the IND would be more of a formality, and we would have more closure on the ADHD dosing concerns. That I can live with.

You're low odds of a partnership is disappointing, though. Is that because it will most likely be inked after the IND is approved?

BTW, chances are good we will get a bounce tomorrow since Gfp unloaded some shares.

[iggs]

neuro:

1.) Couldn't Cortex be raising a PIPE now in order to have cash on the balance sheet when they negotiate a potential partnership? (to put them in a position of strength) I would think that they might raise cash now to get it out of the way.

2.) If this price erosion is due to a PIPE, what do you think they would need to raise? What do you think will happen to SP in reaction? I think the current price level inmplies a 15MM pipe..

3.) If the Co. is going to get an inlicensing deal done, they might need $$$ in excess of what is on the BS? What are your thoughts? Is there a candidate that you think would be a good fit? Do you think they could structure a deal that increases Shareholder Value?

4.) Why do you feel that a Pipe woulb be indefensible? I estimate that they have 5MM or so on the BS? (not very much to deliver on a partnership...etc...etc.. and they did say they would work toward an inlicensing.)

5.) Last PIPE was small but done at a terrible time. What do you think is causing this protracted drop if not a PIPE?

Thanks Neuro. I would truly like your opinion on these points.

Iggs

[bladerunner1717]

Why is everyone here getting so excited over the CC? Isn't it just the 2nd quarter CC? Why so many expectations for this one?


Bladerunner

[galexa10]

Neuro, reading your posted reminded me of one of my favorite quotes from Winston Churchill -- "The only statistics you can trust are the ones you falsify yourself!"