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Message: Resverlogix Commences Dosing in Phase 3 Clinical Trial BETonMACE

Wrt tax loss selling this year, no one can say for sure BUT reviewing a few numbers I have to agree with San Fran that this "season" could be muted given the recent run up in price.

First off, almost a million shares traded hands last year during December not several thousand. I was following it closely at that point and bought roughly 50,000 shares at between 40 and 50 cents. I only trade here and there but that was the last period where I, for me, bought a lot of RVX stock. I already had lots so this brought my average down some. The reason I say this is that I think there are probably a lot of longs like me who bought in 2014, when all trades were below $1, and are currently sitting in a very good profit position even if they have done some buying this year. Don't forget that we have had an almost 400% rise from last Dec to now.

When one considers that this year roughly 2.7 million shares have traded at or above the current level and that it is safe to say that not all those shares were bought by first time buyers and additionally at least some of that volume is trading churn, there may not be that many averaged accounts holding RVX at a loss. That being said it seems lately that many days a little volume can move the stock significantly.

Right now I have mixed feelings, happy to see it go up but would buy more if it dropped considerably. I guess we shall see.

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