Beware the turnaround...So the stock drops almost $20 and there's doom & gloom, hand-wringing, confusion, market savvy prognostications of the TradingChief types, story-ignorant prognostications of the TradingChief types, scattered wisdom and self-serving warnings and bashing of cash-ready traders willing to scare the Bajaysus and money out of the feeble minded.
And then it turns around.
"Woo Hoo" we hear. "Hang on, here we go!"
And then the likes of y2maxx chimes in:
Deal? Final shake?
anyone think a deal will be announced soon?
That was no dead cat bounce!
that was short covering at its finest.
anyone think a deal announcement ia coming shortly? "
Six weeks ago y2maxx was telling us he was shorting RVX. He's a trader who will say anything to serve his ends.
This market is just the market, not the RVX company. The RVX story hasn't changed, expectations amongst the informed haven't changed. Either you know and understand the story or you don't. The RVX market is being bumped all over the place by traders causing fear by their words and market activity. On the turnaround they'll be boosting RVX all the way.
Be very careful in what you believe. There is no substitute for hard work, knowledge and the application of logical thinking (real logic, not thinking mixed with wishful thinking).
Up, down and sideways over the last month, the RVX story has only gotten better and we have moved a month closer to buyout (whenever that happens to be), a month closer to IND status and a month closer to Phase I.
Worry and upset when it tanks. Hooray, we're so smart, the world is great when rises. You can't have it both ways if the story hasn't changed.
Steady as she goes, Cap'n...
ps. I'll bet there was no short covering. Those folks who shorted in January will cover with the convertable debenture. They've made their play and I'll bet they stick with it (unless they are the ones who caused this bump, which would be interesting, and great for us.)