give it a rest san fran and all your other aliasesI calledu losers on this stock and said it was a highly manipulated POS. Never trust a stock where one dictator can manipulate the stock all he wants without mentioning any names.
These are all facts. No stock ,even after a disastrous trial will EVER fall 92 % within minutes. That was the best orchestrated bear raid i have ever witnessed. Because everyone was rosy cosy and expecting a big pop, the bear raid made a killing with this epic short. Then when every one was fearful after that, the wall was set at the low twenty cent barrier while they collected all that low lying fruit. Then it ran to a dollar for another 500 % gain. Then it fell back to around 50 cents. Then lo and behold the DICTATOR calls RVX and says time for a NR. The drug FAILED. Every test has some supporting strata and some negating strata. But the DICTATOR calls ( who controls all the shots here, make no mistake ), convinces management to issue this retarded NR this giving him the opportunity to unload for yet another double. Then once again once an army of bagholders have fallen prey , he unloads again and shorts at will.
This is my point. The stock isdead . A one horse stock , same as Theratechnologies. It will drift to oblivion joniging the like of LOR, BNC , TH , and a host of others.
Dont get lost in the mumbo jumbo of the paid pumpers. VPO calls it like it is. I told u this was a POS and told u to get into BLU in the low 20s. Its almost doubled since then. Phase 3 candidate drug, fully cashed up to take to phase 3 trial completion, 50 % partner paying all the costs in exchange for 50 % of revenue. Add a second Phase 2 candidate. And finally add a neutrocyclical division ( non core which could be sold off for another 5 to 10 M ) at Bellus's leisure. And Desmarais family owns 10 %, Bellini family owns 30 %, institutions own another 30 %. Tiny float, cash in bank, strongdrug candidates, no core assets, several strong shareholders, these are the rare gems that only exist for a short peiod of time. Already up 60 % in the last three months. I have more followers tracking me than all of the bogus paid pumper id's combined on this board. I called the break out of DRYS , 1000 % return on options. I made the call on ZNGA before any one else.
Its your money folks. I am a value investor, if you have the pockets to hold for an extended period of time you will get fantastic returns on BLU.