Re: I added a few!
in response to
by
posted on
Jun 22, 2019 02:27PM
I'm not sure how anyone can say any of the recent activities indicate a likelihood one way or another whether the RVXCF stock will be either $25 or $.25 in 2-3 months? I still see this as a stock 100% dependent on top line and extended full data later, on a predictable road to FDA approval.
Everything else is like watching a financial "ant farm" lol ......
The only thing that drives a bull or bear outlook right now is either ... 1) confidence level in the sciences, based on past data + BoM study design, and/or 2) inferences and deductions derived from the actions/activities of more knowledgeable investors such as insiders, HL, Eastern, Third Eye, etc, 3) the momentum of mob mentality based on fear and greed.
The foregoing assumes no leaks, of course. It's also the reason I continue to struggle with buying into technical and fundamental analysis of this stock, it all changes with the wind and whims (needs) of management, which sometimes seems manipulative in the short term while hopefully knowing none of it matters upon top line results. I don't think much of the traditional types of analysis apply to this stock, especially this stock ... no sales, no business activity analysis, purely speculation based on the science and market opposrtunity ... and the "hope" that the management and science teams got it right THIS time!
Hope this post doesn't come off as negative, I continue to be confident and longggg holding a significant position (for me), and IOW words still "batting my gluteus maximus" on confidence in the science and top line ... I continue to wish everyone well in the "games" along the way, looking back I "kinda" wish I would have participated more rather than just sitting on my hands with a pile of shares, missed some opportunities that the sharper financial minds are enjoying! :)
I do NOT at all anticipate another run up prior to top line, maybe a small one, but if there is a significant run up I will likely sweep some chips of the table to mitigate some of the top line risk as well. I could have pulled my entire intial investment out a few months ago, and been playing totally with "house" chips ... that would've been nice haha ... ouch
Hope I am wrong on the "run up" to top line scenario!! ... will see what happens after data lock, and data is in the hands of the company - IMHO that will be an "interesting" time to keep and eye on the winds and leaves.
tick tock ...