Re: Wow!
in response to
by
posted on
Nov 06, 2015 07:13PM
Save the fatty for later....JT hasn't made it legal yet :-)
Like you I saw the early trading and figured...ho hum, doesn't look like anything gonna happen today. Then turn on the computer early this evening and....NICE, its about time.
Cause and effect? Did the stonegate zack's reports cause this? I don't think so...not directly. We saw moves like this earlier in the year without any news or anything....that came later. But I can now see both of these reports having some impact.
In fact...and this may sound conspiratorial but so be it. I've been saying for a while that I've been of the firm belief that RVX has been under accumulation, accumulation by 'smart money' interests...and smart money types buy low.
Well it may very well be that the smart money has gotten their fill....or at least they've gotten as much as they figure they're going to be able to get. And now its time to run this baby substantially higher.
We jumped 30 or so percent today...that will attract some attention surely. Retail investors, checking on the day's big gainers will see that RVX jumped on volume 3 to 4 times the norm. That will cause some to ask....'what's up with this company'. And when they go to do some quick DD and research, likely one of the first things they'll see is the recent reports out from Stonegate and Zacks....with nice lofty price targets.
If we can get some follow through next week.....ahh, we'll deal with next week when it gets here. I'm just happy with today's move and with what sounds like a motor starting up.