Re: Motley Fool - Resverlogix one of three biotechs than can "Electrify your TFSA"
posted on
Jun 25, 2018 11:55PM
I'm as anxious as anyone for the DSMB report myself toinv, because I think that's all we're going to get...
if I had to bet on it I'd wager the SSRA has gone the way of the Futility Analysis. At least this time though we were given a heads up by Sarah that the SSRA is not a sure thing....I don't think there was ever any such communication about nixing the FA.
Resverlogix seems to have a way of wording their PRs that lead everyone here to think they're heading in a definitive direction, then they change course. The April 17th news of a "proposed" share offering had everyone here complaining, I think I was the only one saying...'this isn't a done deal, it might not even happen'.
Same goes for the possibility of increasing enrollment. The way it was worded in the 6th DSMB PR I can understand why most would think its pretty much a slam dunk. But its just something they've taken "under consideration". Whenever someone says to me, "we'll take the suggestion under consideration" I figure there's at least a 95% chance its dead in the water.
I know that I'm not a good little lamb, I have a tendency to wonder away from the other sheep....and that often gets the herd upset. But I come by it honestly.
Final note, it was nice to see RVX close higher on such a brutal day for the overall markets. A 3 cent bump isn't much of course, but it beats a negative day. Of course the last trade of the day was transacted over the Alpha Exchange so on a lot of financial sites RVX shows as having closed down 3 cents on the day instead of up....I like that, it appeals to my contrarian side.
Cheers.
15:59:59 | A | 2.20 | 0.03 | 500 | 79 CIBC | 1 Anonymous | K |
15:57:56 | U | 2.14 | -0.03 | 200 | 2 RBC | 1 Anonymous | K |
15:57:56 | T | 2.14 | -0.03 | 200 | 1 Anonymous | 1 Anonymous | K |