Bravo Kelsee....

Its been said by many, that the stock market is a mechanism designed to transfer money from the not so wealthy....to the rich.  I didn't make that up, most have heard it before....and it is repeated over and over again for a reason, because its true. 

I am anxiously awaiting the updated short number, current to June 15th.  I won't place any bets on what that figure will be, but there's a part of me hoping that it shows a jump of 100K or more.  That would be a bad thing in my view, but I still want to see it.  Why bad?  Because the players capable of borrowing a $2ish dollar stock and dumping it back in the market....that kind of activity takes a big bankroll....its not an activity typically engaged in by the "not so wealthy"....to short a stock trading at these levels requires one to be rich imo....And if there's a big short #, then I see it taking even longer for RVX to be assigned what I consider a fair market valuation.

You don't have to be Herr Dart, or in his league even....but individuals living in gated communities with net worths totalling in the tens of millions if not more.....pushing around a stock like RVX can be seen as a little game, a nice diversion.  So maybe it costs a few hundred grand....no biggie, its not like the lease payment on the Lexus is in play.  And if the science doesn't work out and the company fails....Oh well, its a tax loss write off.  And maybe some could even engage a newsletter service to hype the stock before bad news hits the wires.

Its a dirty little game, but note what I said at the start....the market is designed to transfer money from the "not so rich" to the wealthy.  I didn't use the word "poor"....instead "not so wealthy".  Simple reason, those who are poor don't play the market....people having trouble making the mortgage payment or the rent, who have to decide between gasoline and groceries, they don't have brokerage accounts.  Its the 'not so wealthy' middle class who are the targets, those with dreams of joining the rich.  

B&B's recent conference in Toronto.....Did anyone here attend?  If they did they're not sharing the fact.  You remember B&B, we have the slide presentation from that little show where the section of finances mysteriously wasn't there...But DM was good enough to address that part verbally we're told.  Those individuals who didn't mind forking over $500 and who could get to Toronto, maybe they were able to get some insight....the rest of us, including long time shareholders...oh well, selective disclosure, yadda yadda yadda....sorry, but get bent, nada for you.  Read the SEDAR filings.  

Okay...that's enough.  Stream of conciousness rant over.