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We've been engaging in speculation on this board for years....and on others too. Bear keeps us grounded by providing solid scientific reasoning and a thorough fundamental understanding of the company from all angles.
I'm as guilty as anyone when it comes to speculating....with me its some ''invisible hand'' that's working behind the scenes, trading on dark pool and secondary exchanges. But no matter what the speculation is that is all it is....speculation. Is the price going up, going down.....trading sideways. No matter what we say on this board the PPS will do what its going to do.
I for one am going to take Koo's advice and just let things play out.....we know where we are in terms of all the information disclosed to the markets by the company. And if there is more to know, we will find out what it is if and when the company decides to divulge it.
Good luck all.
NoRetreat wrote.....
- ''We can't forget that there is a need for $ coming up quickly. A lot of hoopla to get the price up could be associated with the coming raise''.
I was thinking along the same line Herr Retreat......I've seen it plenty of times, bullish news and + momo with the PPS gets the market excited, but before that happens stocks often start moving up before a secondary.
For me the question is.....Does resverlogix have a good enough story to get the market excited and willing to pay higher and higher prices? I think they do in spades.....and with a secondary to give the real market players an incentive......here is hoping. Indicatations and potential indications in Diabetes, CVD, Kidney, Alzheimers, Thrombosis, orphan indications and goodness knows what else. Its a great story....it just needs to be told. Its almost like one of those great movies that doesn't get promoted so hardly anyone sees it.
Sounds fair Koo....we're over $2 and if we get up around $3 I'm likely to loosen my grip.
The jump in September, if memory serves.....it coincided with the Rodman and Renshaw presentation. I recall nobody seeing anything new and exciting in that presenation, and there was some debate on here about whether it was cause and effect or not. Whatever caused September's jump it saw the PPS climb from about $1.20 to almost $2.50 by early October.
We'll see if this is just the start of a sustained run.....obviously hoping so, but RVX has a history of making big + moves and then giving a lot or all of it back. The volume of 400K+ yesterday is about what we saw twice in September during that run. If this run does sustain itself and is similar in magnitude to others we've had then maybe we can get up around $3....although I know all of us want to see even more than that, $3 would still be nice.
Good choice of language....very positive sounding, and very accurate imo. Before building any structure you first have to "break ground". I don't recall a NR from the company being this bullish sounding: "remarkable results"...."shocking and highly encouraging"....
Hopefully this is just the beginning of the company touting the potential for Apabetalone.....interesting though that we have a phase III trial going on and its a Ph I trial that seems to be driving the interest....but no matter. When my team wins I don't care if they won because of offense, defense, special teams or luck....so long as they win.
In March/April of 2015 I was moving back from Quebec to Ontario.....now I'm in Ottawa visting with family after the passing of an uncle.
A news infused January bounce? I don't care what it is or why its happening....just nice to see finally. Hopefully it has some legs.