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"Daxxify is the best neurotoxin and I recommend it to all my patients."
This is, of course, what a doctor is supposed to do. Be knowledgeable and recommend the best option to their patients. Contrast that with what some unscrupulous CosmeticMDs are doing: keeping the best product away from their patients while taking kickbacks from Galderma or Abbvie. We won't see that type of rent seeking behavior in therapeutics.
Honestly your story has always been suspect. You have the information provided here to know that Daxxify is the best toxin when injected properly and can make a practice more money so you should be enthusiastically offering it. You only showed up on this board after Daxxify was approved and have shown at times a complete lack of understanding about toxin injection. You claim to own practices but there's no way to verify that. I can't prove it's false either but frankly I think you're not truthful and have ulterior motives.
That explains why Galderma shill and perpetual loser CosmeticMD was working overtime today to tag my posts with clown emojis. The majority of patients who try Daxxify with a skilled injector stick with it. That's bad news for those desperate to maintain the status quo.
Great post soma! In the hands of "authoritative and expert injectors" Daxxify is clearly the best toxin on the market. This of course dovetails with what I've seen on social media and heard from my own contacts. Unskilled/unscrupulous CosmeticMDs/PAs/nurses who "couldn't quite figure it out" or "didn't want to take the time and effort to" figure it out lest they lose their kickbacks have been less enthusiastic about Daxxify. I am not a practice owner myself.
Why is RIVN down? Because their expenses have grown faster than their revenue. Because they're a newcomer in an industry with established brand heavyweights. Because the market is unsure if they can become profitable before they go bankrupt in a fearful interest rate environment. But if you've been following the story closely you know that their products are excellent—some of the best available—in a business with an increasing TAM. It sounds a lot like another stock we talk about frequently here, which might be why their YTD charts are nearly identical.
I never said RVNC is down because of interest rates and inflation. Revance is down because they're a loss making company and they've grown expenses faster than revenues. The market has turned extremely negative on companies like that and punished them unduly on days where rates have moved higher. RVNC is essentially priced for bankruptcy at this point, as is RIVN, and many other companies, some of whom will go bankrupt, and many of whom will not and the market will have been wrong about.
Don't be ridiculous. I already posted about one, except they have billions in cash.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174304081
There are dozens or hundreds of comparisons just like this. RIVN makes fine products but they're unprofitable and their pathway to profitability is uncertain—not something people want to own in this interest rate environment. I don't own that stock but I've been looking for an entry point as I expect them to survive and they could easily be worth 10x in 10 years—but Rivian is far more likely than Revance to go bankrupt given the capital intensive nature of their business.
You seem to be very naive and unaware about the movement of interest rates and inflation or that the exact same thing happening to RVNC is happening to many other loss-making companies right now. Some of these companies will go bankrupt but many won't. Market irrationality always lasts longer than you think but it doesn't last forever.
You've really worked yourself into a corner. RVNC has 6 months with 2 points of improvement. EOLS has 6 months with 1 point improvement. I know you got burned on RVNC but it's a shame you've turned into a RVNCQ clown who jumps on every opportunity to spread FUD.
Clearly the EOLS data was meant to convince unsophisticated CosmetcMDs and not investors.
EOLS: looks like the market is not as dumb as jbog 🤣
It's a 1 point improvement and 150 patients. It's a farce. As a RVNC shareholder there are plenty of things to worry about but double dose Jeuveau is near the bottom of the list.
One point improvement lol. I'm sure some unscrupulous CosmeticMDs will be happy to run with this deceit.
Bulls certainly underestimated how many pathetic and unscrupulous CosmeticMDs exist in aesthetics but many injectors are stocking Daxxify and I see new practices announcing it daily.
Some aesthetics practices may genuinely not be offering Daxxify because they were turned off by their interactions with their Revance sales rep or management but that doesn't really pass the smell test. It's clear many unscrupulous CosmeticMDs are being compensated financially by Abbvie/Galderma one way or another to steer their patients towards the legacy toxins and maintain the status quo. In therapeutics payers will have a very strong incentive to switch patients to the best toxin with the best price (Daxxify) and the doctors don't have a conflict of interest that violates their Hippocratic oath.
I'm sorry you lost money on the stock and are concerned about your job security. I am in the camp that Foley is a disaster and should be exited. However, your claim about social media is wrong. The majority of social media posts shared here are not from Revance but actually from Revance's customers. Many people here have first-hand experience with Daxxify. To suggest that is all just marketing is completely disingenuous.
Those are mostly old now. Would hate to see RVNCQ tag your post with a clown emoji.
So, here's some recent ones, although these results must all be fake because I heard from CosmeticMD that Daxxify "doesn't work."
https://www.instagram.com/p/C5oQLI5yXl8/?igsh=MTduMW40bGZjbDJvZg==
https://www.instagram.com/p/C5ogTVxxGO-/?igsh=MXNudWo1Ymc0b2djMA==
https://www.instagram.com/p/C5nz-JiuvU3/?igsh=ano1cnlzb3dlNTZh
https://www.instagram.com/p/C5g4SKdxt-q/?igsh=MTRrbHR5aHR1ZXVwcg==
https://www.instagram.com/p/C5OUsswRhuQ/?igsh=NTljaW5yYnp0cWds
https://www.instagram.com/p/C48GCY9JfzA/?igsh=azZ3a3o0djRuZWZo
https://www.instagram.com/p/C44H71vx9tA/?igsh=MW43aWhnMmo1ZWIxag==
I suspect between likely no rate cuts this year, a difficult balance sheet, a week Q1, and distrust of Foley, we will see RVNC in the $2's this year. Revance is priced for likely bankruptcy. They're hardly alone. Nobody wants to own unprofitable small caps with debt in this environment. Many of these companies will go bankrupt. If Revance doesn't then we will likely look back on the current share price as an excellent opportunity. The RVNCQ clowns on this board want to convince everyone that the share price collapse is proof Daxxify "doesn't work" or is inferior to other toxins. That's wrong.
Low skill injectors like the ones hired by CosmeticMD will deliver low quality results. That's not a problem with the product. Many powerful tools require skill to use to their full potential. In due course patients will gravitate towards the injectors with the skill to deliver the best results with the best product.
I don't think Ian from Stupid Island is financially compensated to shitpost about Revance and Daxxify like known liar/loser CosmeticMD is. Ian is just either really dumb or short the stock in which case he should probably cover soon.
I wouldn't spend too much time trying to reply to his lowbrow points. His comment about contrarianism was easily the dumbest thing ever posted here—more useless than CosmeticMD's homebrew skincare line. Has anybody ever read Dew's signature line?
There are plenty of legitimate reasons to be bearish on RVNC. Their liquidity situation, interest rates, slow adoption due to the CosmeticMD effect, and continued unforced errors and excessive spending by Foley are real problems. Daxxify "not working" or being inferior to Botox, Dysport, or Jeuveau is not a legitimate reason and anybody who claims that is not worthy of being taken seriously.
I'll tag my own post with a clown emoji to give Tweedledee and Tweedledum a head start.
Imagine being an actual doctor and spending every day tagging posts on an investing board for a stock you don't even have a position in. Doctors are often clowns as this doc has so clearly demonstrated. He's a bit hurt that I called him out before, but people here are obviously free to believe RVNCQ's opinion that Daxxify "doesn't work." GLTA.
Yes. IanFromSI just took the crown as dumbest poster on this board—and that's impressive because CosmeticMD can't even remember what lie he told in the last message.
The share price has already collapsed so why does RVNCQ continue to spread lies about Daxxify? Here's what the post Ian mentioned actually said:
You've just explained the "CosmeticMD effect." Keeping patients away from the best product on the market for reasons that have nothing to do with the product. That can only go on for so long.
Agreed. Foley is not to blame for all of Revance's problem. Overcoming the "CosmeticMD effect" was always going to be a challenge—particularly with a product that requires some intelligence to use properly. We'll see what happens in therapeutics where doctors are motivated to give their patients the best results rather than to lie to them to pad their own pockets.
I agree. I'm waiting for RVNC to hit $2 or Foley to be exited to buy more shares. I've made a lot of money over the years on RVNC and have a negative trade-adjusted cost basis. This may be another big opportunity—but I want more potential reward for taking on that risk, or for the risk (Foley) to be removed.
It's interesting that RVNC has attracted such intense attention from perpetual losers like CosmeticMD. What motivates the voraciousness of his lies about Daxxify? It takes a very sad and pathetic type of person to come onto an investing board to lie about being short the stock and lie about the product—unless of course that person has financial motivation to do so. It looks to me like some people are pretty afraid of Daxxify's potential.
I expect Q1 to be very weak. The consumer is obviously retrenching. Ironically this should help Daxxify sales since it's a better value to the patient than Botox—but unfortunately Daxxify still has a premium price attached to it by many injectors.
Interest rates are also likely to stay higher this year than many anticipated at the start of the year. Revance's challenged balance sheet and recent surprise dilution will keep RVNC hyper-sensitive to interest rates for the foreseeable future.
Taken together I wouldn't be surprised if we see RVNC at $2 in the next few months. Insolvency is definitely a growing risk especially if Foley keeps making mistakes but there are still many levers that can be pulled to avoid that.
All of that said, Daxxify is clearly the best toxin on the market. There's only so long that the mediocre CosmeticMDs can hide that from their patients. Even if another long acting toxin comes to market Daxxify should be able to take significant market share from Botox and the other lesser toxins. If Daxxify sales establish a solid growth trend then RVNC's share price will recover.
Do you honestly believe that Evolus has products which are as good or better than the products which Revance has?
I think the biggest surprise to the bulls on this board is just how many pathetic "CosmeticMDs" there are in aesthetics and how far they were willing to go to blame Revance for their own lack of talent and knowledge. As more and more people see friends and family rocking amazing results with Daxxify these sorry substandard injectors will start seeing their clients go elsewhere.
As an example of that, I was short $ZM in 2020. After a big Q2FY21 earnings beat in August, the stock was up 40% AH after already having run up hundreds of percent that year. I ended up making a killing on that short!
https://www.cnbc.com/2020/08/31/zoom-zm-earnings-q2-2021.html
Mr. Wilson's info was just plain wrong and Borabora fell for it hook, line, and sinker.
LOL!!!
This is exactly what I told you. You are a know-little who came here opining on things you are ignorant about. It's also hilarious that the RVNCQ set on this board (anesthesia_doc, IanFromSI, boraborak38, and other clowns) were falling over themselves to thumbs up your ignorant posts.
Why do the bulls on this board attack? Because lies and misinformation are the game plan to bankrupt Revance before their best-in-class drug can take significant market share.