Re: Canaccord (#33) dumping stock
in response to
by
posted on
May 26, 2020 01:39PM
Buckeyes,
In some ways RVX reminds me of TRIL. TRIL was in grave danger of being delisted from NASDAQ last year. The science is great, but management was replaced last Fall. They brought in a new team, issued shares at higher and higher prices, and now they're in good shape. The buyout of FTSV really helped them. I think our management is too entrenched with a market view/strategy that isn't working, and I'm worried that the board hasn't got the desire, vision and unity of effort to unlock the value within the company.
https://stockcharts.com/h-sc/ui?s=TRIL&p=D&yr=1&mn=6&dy=0&id=p55302652342&listNum=36&a=712173594
typo from previous post:
buyers have BEEN bludgeoned into submission.