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Message: Stepping on my soapbox and History NOT repeating itself with RVX

Not to be greater than thou, but wow, a lot of garbage, gossip and general crap lately from what is typically a great board. 

I think we all should always ask ourselves if our post is saying or asking something positive and consider whether we are posting to hear ourselves speak (far too many here post multiple times, what are you saying other than clogging up the board and hearing yourself speak).

I feel like I am in a parallel universe on this board with the Kawhi Leonard watch. Tons of conjecture, misinformation, speculation and yet like with Kawhi, no one knows what is going on with the RVX sp and almost certainly, no one has any idea of the topline results, so why look for ridiculous clues.

Anyways, getting off my soap box

I was somewhat interested in how history was repeating itself with the recent RVX offering. So, I looked up some facts. In June of 2010, RVX issued 3.1 million shares with 1.2 mill warrants attached to raise 10 million dollars. At the time there were give or take 52 million shares outstanding.

From what I could find on the web, the short position of RVX was almost 2.2 million in Oct 2010 just before the 2010 Asset/Assure results. Thus, the shorts were 4.2% of the float.

I was starting to have some concern history was repeating itself first with the recent PP and the shorting concerns. But as we know, the June 15th short numbers only reflected a short position of 363k out of over 200million in shares (btw- interesting the share float has increased 4 times since 2010) or only .0018% of the float.

So, for those looking for something that probably has no meaning, the shorts are not taking the significant position this time (at least to date).

 

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