Replies to post #21521 on RespireRx Pharmaceuticals Inc (fka RSPI)

[tregaron]

Oxbow, at the risk of beating a dead horse, let me clarify my views about TA. IMO, technical indicators do not drive markets...nor do events. What drives the market are emotions: namely, greed and fear. If a positive event occurs, that generates greed in folks and they buy, pushing prices higher. Conversely, negative events generate fear. TA is merely another way of evaluating individual stocks and overall markets to try to gauge whether there is more fear or greed at work.

While I agree with Jerry's observation, I don't think the efficacy of the drugs will make any difference in a freefall market. We saw today how fear can wipe out price levels.

[Market_Fest4]

Jerry, Once this market meltdown stabilizes (probably after the election, the new year, or when Bush can do no more harm), Cortex should leak (through various unconnectable sources) that it is in serious talks with a big European pharma. If the rumors are persistent and credible, the stock will rise.

The fear of losing out will light a fire under the arse of a U.S. BP and get COR a reasonable deal. It's the only way. The current way of doing things is getting us nowhere.

Plus, at these prices, even a 100% premium is keeping most of managements options under water. It's also possible that COR is dragging their feet until that date in january when 4-5 million warrants expire?

It seems that all forms of personal financial improvement for me are becoming carrots on an ever-lengthening stick. Minimum wait: 2 years.
MF4