Here’s my 2 cents worth (which if I keep posting is surely going to get me into trouble at some point).

RVX currently has 200M shares outstanding.  From prior posts I seem to recall that approximately 30% of those shares are held by ‘retail investors’.  The rest is HL, Eastern, management, etc..  That leaves about 60M shares.  I think it is reasonable to assume that of those 60M shares a not insignificant portion is held by a relatively small group of individuals (as compared to the overall market).  How much we don’t know, but I’m willing to bet there is the odd person out there holding a 1M+ shares and others (family and extended family of management, friends, all manner of employees of RVX, HL, Eastern, people on this board, etc.) that hold a big chunk of those 60M shares.  I’m also willing to bet that virtually NONE of those folks are selling as they’re all waiting for topline. 

So what’s left?  Maybe not a heck of a lot which may account for the consistently low volumes amongst people just playing games.  When we do see that very occasional large trading volume, I’m in the camp that suspects it is one or two folks buying a pretty big chunk of stock rather than a whole pile of individual investors all going for it on the same day.  To me that doesn’t make sense.  If I’m right then I’m not sure how relevant any TA really is given that this is just such a closely held stock.  There may be a valid counterargument as I’m just going by my version of common sense more than anything else.

We might see a bump after the 250+ MACE is announced but I think it more likely that we’ll see a bump somewhere closer to the release of topline results.  People just taking a punt that those results may yield a quick buck.

Of course all it’s just guesswork on my part.