Anything that contributes to Resverlogix gaining a higher profile...in my books its all good. The Cavendish news came out Thursday before the bell and we did see increased trading, going over 60,000...but with almost 10,000 of that trading taking place on secondary exchanges, I guess its not surprising that the PPS moved lower that day.

With RVX being highly speculative....imo so much depends on the direction of the PPS. Look at ESPR, it got run all the way over $100 even though it too was and is highly speculative. But when people see a PPS climbing higher and higher....when that happens greed trumps fear and people jump in thinking...''something must be going on here''. And when they look at RVX struggling they say, ''not much happening with this one''.

I don't know what more RVX can do to raise its profile.....they're getting themselves out and are garnering some recognition of late as evidenced by this Cavendish news. I know I'm a bit of a one string banjo, plucking away again and again on the same note...short interest, but I still believe we need to see the 70+ thousands shares short covered off before we see a sizeable move north. Get that number back below 10,000 like it was in February and I think we're off to the races again....and assuming that shorts are finally able to cover off I think the next big run takes us back to $3 and then beyond.