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Message: Re: Trading so far...
2
Feb 03, 2020 12:27PM
1
Feb 03, 2020 01:25PM
1
Feb 03, 2020 01:31PM

Led, as we've been saying from almost day one, RVX is a very very very tightly held stock. Even with the announcement of the failed top-line, all we saw perhaps was 4 million shares that got traded, and that in and of itself tells you a great deal. Longs are still holding for dear life, holding their positions firm and remain defiant no matter what.

Perhaps there has been let's say 1 million shares in the hands of day traders, and they have been playing this up and down to make whatever profits they can make.

Missing the top line (BOM) this time around did not net the results of 2013. RVX has come a long way, and longs would instead go down with the ship than sell out so to speak. Consequently, volumes will remain low no matter what. Therefore volume should not be used as a bellwether to reflect or dictate the SPP. RVX is truly an anomaly if I may say so. 

 

IMO ... Koo

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