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Message: ESC TV at ESC Congress 2019 - The Daily Wrap-Up - Tuesday 3 September

I would not worry. 

If you look at Amarin share price in the run up to their results, the share price was $2.99 the day before the results were announced.  Then it ran up to $12.40 the very first day of the results.  

I suspect fish oil garnered as much confidence back then, as RVX does right now. 

Also, we are in a binary outcome.  Finally, let us not forget that the market has an institutional memory of a "failed" Phase 2 outcome.  I spoke to a sell side analyst who used to cover it...and found out that he was totally unaware of where RVX had advanced to.  I am pretty sure that is far more universal an opinion than those of us on this forum care to accept.  RVX is a show me stock.

 

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