...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
Message: What's wrong with being bullish? Time to get my rant on....

Leaving speculation aside longs have a lot to be bullish about. We all know it,

Apabetalone is now one full year into a phase III trial, and we've already had one positive reccomendation from the Data Safety Monitoring thingie dingie...On top of that we're awaiting news on a second licensing/partnership deal.

Yeah yeah....I know we have some whiners who complain: ''If everything is so great, then why isn't the PPS much higher''? Well, to quote famed English author and world reknowned playwrite William Shakespear....''Bite Me''

I'm not gonna be the first or the last to comment on manipulation in the marketplace....it happens. Up to September 30th there were over 80,000 shares of RVX sold short, and with volumes like today that's not an insignificant number. Short selling has been on the rise over the past 7 or 8 reporting periods.

I've been around social media sites and stock message boards long enough that I have seen all manner of companies have their stock prices pumped to high heaven. Anyone who dares have the temerity to suggest a pumped up stock is overvalued on a message board is attacked and pillored by the bulls as a short player, as someone who just doesn't understand the fundamentals.....or an idiot, and often all three.

When that happens I would bet dollars to donuts there are some serious players involved looking to unload. I will not be the first to say that fundamentals ultimately mean Jack....What matters is emotion, psychology, greed and fear. Fundamentals in my world exist only to play on people's emotions. And in a manipulated market place the three biggest drivers are....in order:

  1. Price
  2. Price
  3. Price

If the PPS is high and climbing then the fundamental picture must be great, if its drifting or falling, then the fundamentals must be poor....f things are good, then why isn't the PPS climbing? Again....Shakespear.....''bite me''.

Its like someone standing in front of a home for the blind and saying: ''See this guy....He's gonna trip''. You've seen this guy walk every day past this spot for weeks with no problem, so you say, ''No he won't''. And the prognosicator then goes and trips him and says...''See, I was right, you were wrong''.

Volume today was only about 40K and up to September 30th the number of shares borrowed and sold was double that....and when the next update comes I suspect it will be higher again still. There's nothing illegal about shorting, its legitimate market activity.....but you don't often see Short Sellers on stock message boards declaring their bias up front the way longs do. Instead you have the good samaritans just trying to save longs and newbies from getting taken, or the always popular disgruntled shareholder who hates the stock he owns but refuses to sell it.

Shakespear time again, ''bite me''.

Resverlogix has travelled a long way and there is a lot to be excited about. Slam dunk? Of course not, there are no such things.

But this ain't some overhyped high flying stock being pumped and promoted like its gonna take the world by storm.....and I can name a couple Nasdaq stocks doing just that right now, it doesn't just happen in OTC penny land.

To use the common phrase....TO THE MOON? I don't know for sure, but I sure as hell like our chances to at least leave the Earth's orbit.

Share
New Message
Please login to post a reply