InvestorsHub Logo
Followers 30
Posts 5248
Boards Moderated 0
Alias Born 10/16/2012

Re: Inoviorulez post# 3674

Wednesday, 06/22/2016 5:39:09 PM

Wednesday, June 22, 2016 5:39:09 PM

Post# of 5007

Another thing I think it could be is a big pharmaceutical buying a 20% stake in RXII little by little. For instance Sanofi has acquired a sizeable stake in Alnylam. Could it be that a big pharma company is buying a 20% stake in RXII. Then it could also partner on a program like cosmecueitcals as well. The reason they probably haven't announced anything yet is because they want to buy up the shares first but at a moderate rate.



Certainly could be the case. I recall Dr. C saying something about that either in a cc or an investor conference. He wanted to make a partnership deal which required the partner to make an equity purchase on the open market.

I wonder if we will ever find out. $3.20 is the next big resistance point. Sadly, prior to the RS, these recent moves are the equivalent of 2.5 cents. Market cap is still incredibly low. I am just glad to see we have life.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PHIO News