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Message: The PPS is holding up, even on incredibly light volume....

I've been remembering an old episode of the Simpsons. Homer is waving cash around at Moe's bar, when Barney asks what his secret is Homer tells him that he invested in pumpkin futures, and that they've been going higher and higher during the whole month of October. Of course the pumpkin futures market crashes in November so he loses all his money, and Homer's broker tells him:

'I told you a hundred times Homer, you have to sell your pumpkin futures BEFORE Halloween''.

What does that have to do with RVX? Shares of RVX have been hardly trading this month....so they're nothing like the fictional pumpkin futures in that Simpsons episode. But the PPS hasn't come crashing down either....we started October around the $1.80 marke, and while a close of $1.64 to end the month is a drop, its nowhere near the $1.25 ($1.00 interday) that we saw in August.

Broken record time I know....we're just waiting on volume. When volume hit early in the year we saw it sustained and we went over from under a buck to over $3....then when volume picked up in August we went from $1 back over $2 but the increase in volume wasn't near what we'd seen earlier, and the spike higher was short lived.

What's good to see imo is that while volume is light....which could mean a lack of either supply or a lack of demand....or both. Regardless the PPS isn't tanking. I bought 500 this past Friday myself, but only 200 shows up in the day's trading. It makes me wonder how many other buys are being hidden from view.

If volume doesn't pick up in November, and/or what buying there is gets hidden like over 1/2 of mine was on Friday, then I can see tax loss selling taking hold.

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