Timing for an orphan indication announcement
posted on
Aug 14, 2015 12:42AM
I'm not a big fan of investor road show dog and ponies.....but if RVX is going to be at the Rodman and Renshaw investor conference in September...What better time to do it?
I'm operating under the assumption that they've already identified the disease, and now its simply a matter of the timing. Who knows? Perhaps the reason DM failed to live up to the commitment he made on BNN and at Richmond was because he wants any such announcement to have maximum effect.
For all we know DM might have been muzzled by some interested parties, playing for time while they established their positions. I see we closed at $1.60 today as per stockwatch, but of course because the last buys at $1.60 were on secondary exchanges we're seeing a close of $1.58 reported.
Stochs are pointing up, both the fast and slow. Just waiting on a break above the 20 line....if/when that happens I think we'll be off to the races again. I'd love to see RVX back close to $3 when they announce the orphan disease.
It would be fitting and somewhat etheral for me if it were psoriasis (sp)....While it was my father's diabetes which led me to seek out public companies working on that disease....my Dad also suffered horribly from psoriasis.
He was continually being perscribed different ointments and creams, and they'd work for a time, but then the psorias would come storming back. A friend suggested Vicks Vapo rub, and it too worked for a while. My Dad was diagnosed with Cancer in 2012, and it was because his doctor suggested taking part in a study for a new treatment for psorias. Part of the screening for the study involved a chest x-ray, and it was the x-ray that revealed lung cancer.
Dad had a wicked sense of humour....he was told that a major cause of psorisas was stress. When I asked him if he was stressing out about anything his answer was..."Yeah...I'm stressed out about the damn PSORIASIS"!!!