"Buckeyes, the question is how low will it go. Are we there yet?

Will it go below the 52 week low of 56 cents before year-end?

 Koo"

It can go a lot lower with no decent news! We were set up for something now and if it doesn't happen, it could be ugly. Although, there will be some tax-loss selling. I don't think that is a major issue. It is only a temporary thing anyway. I fear the real issue is another loss of faith in something substantial happening by year end. Looking at the last 4 Decembers, RVX traded flat in 2016, up in 2017, down 4% in 2017 as part of a downtrend that started 3 months earlier and lost 23% and down 15% last year. Since mid-November this year, RVX is down 50%. I don't see a lot of correlation with tax-loss selling. I see it more as some people believing that since this is getting stretched to the wire again, nothing substantial will happen within DM's quoted time frame so they are just selling. They are counting on a major sell off with his failure  and don't want to hold through it so are selling. By doing this, they might be starting that sell off early. There have been many posts here that even though they think something good is coming, it isn't expected within DM's time frame. You also have to remember that usually when deals are done at the last moment, they are less than optimal or they would have been done earlier. I hope he comes through with something but expect a weak price as the time elapses and am not sure where it will go with outright failure again and another postponement.