I think it is best to think in binary terms. 

On Friday, if the market accepts that the dementia data is yet again (given the renal blowout data) transformational to RVX's buyout prospects, then the share price should gather enough steam to break free of the gravity of the $1.33 black hole.  This will insure that the warrant conversion is going to work out fine.  Then we are in Greed mode and you can name your price on how high it goes.

On the other hand, if the market does a "WTF...was that all Don McCaffrey was bulled up about?" reaction, then RVX will sink into the $1.33 black hole and RVX management will have to scramble for Plan B in raising fresh capital.

Iconoclast