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Message: Can someone explain....

Hey long....thanks, I found it.   I guess I'm getting old, I could have sworn that message with the L-II cut and paste was put up on Friday.  Ah well.....Leave the gun, take the canoli.   

Just one full week of trading before the AGM (or whatever they're calling it) is upon us.  I'm going to keep doing as I have been doing, RVX is not my only play.....but of all the stocks I own I think it has the greatest "potential" for explosive growth in the PPS.  

The way I see it there are three ways RVX's PPS could move significantly higher.  

  • The first way is slow, it involves RVX staying below the radar and continuing along with the BETonMACE trial and eventually succeeding in meeting their endpoints resulting in an approved drug.  The risk of course is that Apabetalone fails, in which case instead of an explosive move higher the opposite would happen imo and the PPS would crater.
  • The second way is that Resverlogix suddenly catches the attention of the market.  Any number of things could cause this to happen.  A nasdaq listing, FDA recognition of BETonMACE, a key opinion leader or leaders suddenly talking up the potential
  • The last way is via M&A activity

I've been doing well with other plays, and when I book profits on another stock I keep taking some of my profits and adding here.  Time will tell if its a winning strategy.  I just sold out of a battery storage play after doubling up, I've sold a portion of my position in a small Virginia bank that's doubled, and a Ukranian natural gas play has almost doubled for me as well.....so I'll likely be adding more in the week ahead.  

RVX has such long stretches with nothing happening its nice to have some excitement in other plays while waiting for what I hope will be a big pay off here.

 

 

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