...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
Message: Re: Re San fran
9
Oct 16, 2020 12:40PM
2
Oct 16, 2020 12:55PM
4
Oct 16, 2020 01:01PM
2
Oct 16, 2020 01:43PM
5
Oct 16, 2020 03:47PM
6
Oct 16, 2020 05:02PM
4
Oct 16, 2020 06:56PM
2
Oct 16, 2020 08:25PM
7
Oct 16, 2020 09:48PM
5
Oct 16, 2020 10:24PM
1
Oct 16, 2020 11:02PM
12
Oct 17, 2020 12:20AM
3
Oct 17, 2020 05:33AM
9
Oct 17, 2020 12:13PM
14
Oct 17, 2020 05:32PM
10
Oct 17, 2020 06:15PM
3
Oct 18, 2020 07:56AM
9
Oct 18, 2020 10:34AM
15
Oct 18, 2020 05:53PM
16
Oct 19, 2020 08:18AM
10
Oct 19, 2020 08:57AM
1
Oct 19, 2020 09:14AM
8
Oct 19, 2020 10:29AM
3
Oct 19, 2020 11:02AM
7
ARR
Oct 19, 2020 11:18AM
10
Oct 19, 2020 11:30AM
1
Oct 19, 2020 12:03PM
1
Oct 19, 2020 12:04PM
9
Oct 19, 2020 12:57PM
2
Oct 19, 2020 01:34PM
1
Oct 19, 2020 02:33PM
7
Oct 19, 2020 03:00PM
4
Oct 19, 2020 03:20PM

This was DM's statement on the matter of share price per the 6/10/2020 Corporate Update transcript per imtesty posted on this site:  

But before we get started with this discussion, let’s talk about the 800 pound gorilla in the room. What is with the large stock sell-off in the past month, and especially in the last week? That one is simple. I’ve heard speculations like bad news pending or cheap financing on the horizon, but these simply are not accurate. The real reason is one failed hedge fund in New York, which will remain un-named here. They held a large number of RVX shares, and chose to quickly sell them off as opposed to other alternatives that I believe would have likely posed a better return for their investors. And it is my belief that this situation is either done or close to it. Now related activity to this sell-off may continue for a short while, but the following details and strategies should put the stock back into a more realistic value as it was about a year ago.

On 6/10/2020, RVXCF closed at .58 - A year earlier, 6/10/2019, the stock closed at 2.37 and is currently at .88.

The 800 pound gorilla lost a couple of pounds 

DMs remarks inferred that the price would rebound due to the hedge fund sell off being completed. A reasonable person would think that a short while would be over by now. 

Off the cuff remarks by our Chairman are misleading to say the least.

JMO

CHicagoest 

2
Oct 19, 2020 04:18PM
7
Oct 19, 2020 04:51PM
1
Oct 19, 2020 05:43PM
11
Oct 19, 2020 06:15PM
2
Oct 19, 2020 07:10PM
1
Oct 20, 2020 04:24AM
1
Oct 20, 2020 04:31AM
3
Oct 20, 2020 04:52AM
5
Oct 20, 2020 08:38AM
11
Oct 20, 2020 09:34AM
6
Oct 20, 2020 09:43AM
10
Oct 20, 2020 09:52AM
3
Oct 20, 2020 09:58AM
10
Oct 20, 2020 10:28AM
18
Oct 20, 2020 10:48AM
1
Oct 20, 2020 10:54AM
7
Oct 20, 2020 01:19PM
9
Oct 20, 2020 03:04PM
2
Oct 20, 2020 06:47PM
9
Oct 20, 2020 08:08PM
4
Oct 21, 2020 03:45AM
3
Oct 21, 2020 11:22AM
4
Oct 21, 2020 01:28PM
Share
New Message
Please login to post a reply