Re: Rebuys start at $2.28
in response to
by
posted on
Aug 10, 2018 12:46AM
BDAZ,
I am not predicting $2.28. All I am saying is that if the price drops to $2.28 I will be buying. That doesn't mean it will drop that far. That doesn't mean I expect it too. That doesn't mean I have any thoughts on how it might get to $2.28. You must know that when I say "if X then Y", I am not in any way saying anything about the truth value of X.
If it gets to $2.28, I will look at the chart, I will consider the intraday price action, and I will consider any news before buying. I don't wish to speculate on how it might get to $2.28. Short of it getting to $2.28, I will do nothing -- I am sitting on my hands. North of $4 I will consider lightening up further consistent with my plan to lower my cost basis to zero before phase 3 top line results.
I am very long this stock (140,000 shares), and so I in no way wish ill on the RVX share price!