Taking a look at the twitter-sphere
posted on
Jun 04, 2017 08:48PM
Everyone knows I love old sayings and bromides....one that I've mentioned before is that when someone else toots your horn, the sound travels twice as far. The recent news put out by the company has all been very positive....but companies can be expected to sound positive when putting out press about themselves. How often does a News Release start out, "The company is very disappointed to announce..."? Hardly ever.
Twitter allows you to see how far the news might be travelling.....here's what I found:
Then there's @thedrugstores tweeting about the Fabry-Health Canada news, and they have over 40K followers:
https://twitter.com/TheDrugStores/status/870735491896930305
It could be that word is spreading.....the company is putting the news out there and I at least see the potential for it to reach a much wider audience through vehicles such as twitter....if tweets followed by 100K people go out about Resverlogix and Apabetalone....Even if just 1% read them, that's 1,000 people hearing about the story here. And if just 1% of those who hear about it do some research and decide to invest???
I'm recalling that old joke about the kid selling Lemonade for $100 a glass, and someone admonishes him saying, "you really expect people to pay $100 for a glass of lemonade"??? The kid replies, "At $100 a glass I only need to sell one".
If shares are as tightly held as some of us seem to think.....then someone deciding to risk even just a few thousand, or maybe $10K or $20K.....Okay, I'm getting ahead of myself now.
Monday is just a few hours away now, we'll see how the week plays out.....short interest should be out after the closing bell and current up to May 31st.