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Message: Thoughts on our friends at the Richmond club

If you go to The Richmond Club site they have a list of all the companies in their "index".....

http://www.richmondclub.com/index-companies

They include all companies past and present with the dates they were added and removed. in the case of RVX the date they have for it being added is April 1st of 2015....and they already have its removal date, March 1st of this year.

On April 1st of last year the PPS opened and closed at $1.60 as per yahoo finance. So with Monday's close of 1.66 that equals a return of a whopping 3.75%....better than a savings account but hardly anything to brag about for a small cap biotech where huge gains abound.

Everyone has probably heard about accusations of stocks being run up at the end of a quarter so that Mutual Fund companies and the like can send out their client updates showing a nice healthy % return. If this club has the industry players they claim to have as members...then maybe we'll see similar action over the next 3 months.

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