When is a catalyst a catalyst....
posted on
Feb 24, 2017 03:01PM
Just another random thought on another light trading day....which seems to be pretty much the norm of late. I just mused on whne the next DSMB reccomendation might come out, thinking March/April seems a good bet. Could that prove a "catalyst"? Of course we're all likely expecting one....so perhaps it could already be said to be priced in. The same might be said of any of the expected upcoming inflection points.....they too might be priced in, at least somewhat.
I'm starting to think the only way the market will react in any big way is if we get some news out of left field like something nobody is epecting. Of course we just had that with the Musc Dys and Retinal news that came out....I don't recall anyone speculatiing on those diseases being added to the potential mix....and the market went "meh, so what".
I am still firmly of the opinion that the reason RVX trades in such a mundane fashion most of the time....I think its because the real movers and shakers in the market game, Market Maker Broker Dealers, Investment Bankers, all the associated analysts and promoters.....they don't have any skin in the game here. The real players have levers they can pull in my opinion, levers that will bring interest to a stock and a company.....but these players don't work for free, they have to have a stake....and with most of the float locked up here (even the 50 odd million in the public float, I think its pretty tightly held).....my take is that the monkeys who run this zoo, they don't have any interest in drawing attention to a company like Resverlogix when there are so many others playing the game of quid pro quo.
Yawn.....