Some great discussion here this weekend.....looking forward to the week
posted on
Jul 19, 2015 04:50PM
I think we've covered everything from orphan indications, the need for greater transparency, the significance of Eastern (aka Mr. Dart), the current Alzheimers event and the upcoming Epicongress....and I'm sure I missed a couple discussion points at least.
Tomorrow after the close I think we'll be seeing the latest short interest update, current up to July 15th...if not after the bell on Monday then Tuesday for sure.
Here's the trend from Apr 15 forward, after we'd hit up around $3.
T : RVX | 2015-06-30 | 152,000 | -16,000 | 86,168,304 | 0.18 |
T : RVX | 2015-06-15 | 168,000 | 23,300 | 86,168,304 | 0.19 |
T : RVX | 2015-05-31 | 144,700 | -34,400 | 86,106,938 | 0.17 |
T : RVX | 2015-05-15 | 179,100 | -33,600 | 86,106,938 | 0.21 |
T : RVX | 2015-04-30 | 212,700 | -6,400 | 85,699,287 | 0.25 |
T : RVX | 2015-04-15 | 219,100 | 140,900 | 85,696,420 | 0.26 |
The overall trend is down, but I do think we need to see it drop significantly...like back down to 10,000 or so...before we'll get some serious traction. Hopefully the updated number will show a big drop, but given that we've seen just one single day with trading over 100K so far in July, I will settle for any decline.
With just 5 trading days remaining we have seen just 445, 883 shares trading for the entire month of July. Assuming RVX catches fire and really grabs the market's attention, 400K imo will be a slow DAY.
If, as I suspect, the short interest is merely some heavy hitters playing with the PPS in order to accumulate....there's really nothing we, as retail investors, can do about it. The only thing to do, really, is understand the way the big boyz play the game and try to follow close behind, doing as the smart money does.