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

Free
Message: Re: A quick note on forward looking statements....

I haven't yet reached your level of ownership RVXer....but I'm getting there. I've been adding the past few sessions, more again today. The Richmond Club news has me extremely bullish as I believe it may very well offer a logical reason behind the consolidation we've been seeing since getting up around $3.....

A group such as that, if there are well heeled indviduals looking to build a sizeable position...as I've said before about "smart money" investors, they're not going to storm in and just start buying at the ask and driving the PPS up fast.

Let's say there are individuals looking to invest $1 million in RVX having in mind that RVX could reach $5-$7 per share. If they can average in under $2.50 they're looking at doubling their money...or better. That's somewhere close to 400,000 shares at $2.50 each on average. As I write this RVX hasn't even traded 50,000....so establishing a large position at prices around where we're trading right now....it ain't gonna be easy. I don't think Eastern's Mr. Dart is going to be taking $2.30 or so for his shares, and I know many here are expecting considerably more as well.

That's where shorting comes in to shake the tree imo.....what I've seen of this "club" is that it seems to involve the types of individuals who know how the game is played, investment bankers and such, the types who aren't buying shares through a discount broker.

Exciting times at any rate......

Share
New Message
Please login to post a reply