Spring, I agree with your perspectives.
All we here and see from RVX is continued excellent results and new understandings including the first dosing of the BETonMACE trial.
- I think we are in a Catch 22.
- RVX doesn't have a NASDAQ listing. Therefore there is little credibility for the stock amoung US investors.
- As a result us RVX shareholders don't benefit from the stength of a much larger market in which there are thousands more risk takers.
- The TSX is very limited in terms of breadth with progressive investors.
- Ledenfrog tells us that there are some types of investors out there that are manipulating the price down.
- In order to get a NASDAQ listing we need the stock above $3.00 for a number of weeks from what I understand.
So, frankly I think we are stuck. However, we saw that what was possibly insider information regarding the Hepalink deal drove the stock up $3.13. So who knows if new licensing deals or science will drive the stock up to the level of a NASDAQ listing.
Probably good to just sit back for a few years, let it go where it goes and then cash in for a blockbsuter!!!.
Cheers
Toinv