I see a lot of positives lining up.....short interest drops too
posted on
Jan 20, 2016 09:10PM
The contributors to this forum are AWESOME.....so much good information being shared. My little contribution today is the updated short interest number, up to January 15th. It dropped from 6,700 to 5,700.....not a big drop, but then there's hardly any short interest any more, which I view bullishly.
And speaking of bullish news, big thanks Jkj193741 for the link to the LSR interview with Alan Leong. I'm not a big fan of streetwise, but this is different. Instead of DM being interviewed about RVX, its good to hear another voice talking us up. Especially one who was talking up ESPR in July of 2014 when it was trading in and around $15 BEFORE it shot up north of $120...
I am a firm believer in that old saw about someone else blowing your horn....the sound travels twice as far. I'm not suggesting Mr. Leong was responsible for ESPR's run with his comments in July of 2014 (http://www.thelifesciencesreport.com/pub/na/16124) but I do think his voice was part of the equation....and maybe a small part but still a component. Hopefully with other events coming in early 2015 (thumbs up to BDZ for a recent post highlighting the upcoming NYC event) Mr Leong's comments will herald the start of an ESPR type climb for RVX....and if BOM trial results are positive....minus the fall.
Its been an ugly start to the year for the public markets as a whole...and RVX hasn't been immune. And while I'm cautious of the fact that everyone has a tendancy to interpert things in ways that cater to pre-coneived ideas, including me.....still I am very optimistic about the weeks and months to come.