Buckeyes - At this point we know the company has enough money to operate until some time in Aug as they raised just over the minimum in the last PO. That would mean there will be another financing of some kind and maybe two prior to Top Line. RVX still has not announced how much was raised in the Private Placement portion of the last offering either. Will the amount be included in the amount we were told was raised or will it be in addition to? If it is in addition to and is $15 million or more then it will potentially give them enough runway to get past the Top Line announcement.

Using your $20/$25 share price on news of passing this trial that equates to odds of 7/8:1 against you taking a short position, a fools errand at best, unless there is another financing required before that news, which there is.

In short there is plenty of time and opportunity left for the shorts to cover simply because the company will need to raise a little more money between now and Sept. I don't have the stones to make that kind of an investment with such a limited upside(from the current share price to zero), and an unlimited downside potential(a share price that could go so ballistically crazy on the upside) but some do.

Just my two cents.

tada