Agoracom: Small Cap Investment - Resverlogix Corp. - Re: Bypassing the iceberg....Warning, stream on consciousness post

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Bypassing the iceberg....Warning, stream on consciousness post

posted on Feb 11, 2016 10:58AM

Koo you wrote: "I honestly believe that smart money will jump on board only when volumes pick up, and that will not happen for some time and not before positive results come out of Phase 111, the same way it did with ESPR, when the PPS shot up from $15 in Oct 2014 to $112 in March 2015.(700-800%) And we know what happened after that."

The flaw in that logic is that Esperion (ESPR) and their ETC-1002 were only in Phase 2 when it shot up from $15 to $112 from 2014 to 2015. They only recently announced plans for their Phase 3 way after the fall back down occured.