Re: Resverlogix presented at Vascular Discovery 2018
in response to
by
posted on
May 17, 2018 04:24PM
Great work Bear....as to why they're not promoting their involvement at a conference such as this, I'm going to put on my new hat and offer a possible explanation. My old hat of "angry investor", the one I was wearing when I exhorted DM to stick his boot up a certain part of the former IR VP's anatomy....that hat has been put away.
Put simply it boils down to this question....Why bother?
Sure, promoting involvment in scientfic conference and such might help to build some shareholder confidence. It might even spur some to establish a position or add to an existing one. But then what? The company still has to be a couple years away from even the potential for realizing any meaningful revenue.....there's no meat on the bone so to speak, right now all we have is sizzle....
So some buyers move in, push the PPS up....possibly even forcing Market Maker Broker dealers to go short to meet a spike in demand. And then? Unless DM wants to start turning into a carnival barker the demand eventually peters out and the sharks can take aim at RVX.TO again and put their big foot on the PPS.
In point of fact I would bet there are players who would love to see RVX promote itself heavily....so that they could knock it down from a loftier level. The potential for profit by shorting a stock under $2 is peanuts compared to shorting a speculative stock trading for say $5.