Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wow - Great news - How to celebrate?
$RVNC didn't go down more today! We should all celebrate this accomplishment. Management absolutely deserves millions of bonus on delivering this great news.
PS. Market up big today.
I think it makes sense for them to give incentives as they are now pushing for market share. Also, they are probably trying hard to demolish the Daxxify-is-too-expensive narrative.
Once they are more well-established, I don't see why they can't adjust the price upward as long as Daxxify offers real benefits to injectors and consumer. (aesthetics side).
The key questions we should ask are whether the initial blew up is a 4 billions plus mistake?
And whether that causes permanent damage to Daxxify potential.
For me, it’s golden opportunity BUT I got suck in a lot higher
Good point. I think both reorder revenue and number of reorder accounts are important
If reorder account is great but revenue is low, it also could mean issues
It’s actually not a bad thing if your shorting stats are correct.
Usually this means a much faster re-rate when good news finally hit.
We have couple good news that can hit any time
Remember how Mark Z was hated when Meta was going below $100...everyone said he was crazy and stupid. Can't build any product.
Now, Meta is at all time high. Guess what. Mark Z is still the CEO there. And now, people praise him like God-sent.
Price drives sentiment sometimes.
Q4 - more than 2/3 of the revenue was from reorders.
"our growth will come from a combination of new account adds, along with ongoing reorders. And as we noted in Q4, more than 2/3 of our revenue came from reordering accounts, which I think points to the stickiness of the product in those accounts where we’re able to secure. So we feel very good about where we are"
lol you guys need to chill out about Foley.
If he is doing what you are suggesting and doing so so obviously , he would be out by now. He owns lots of shares here too.
No one in their right mind would pay 100mm to buy the secondary if Foley is so useless
Interesting observations. Cant stop sellers from getting out at all cost though. I picked up some more shares today. Once the liquidation is done, stock will ramp back up. Fundamentally, the company is going to get stronger over next few quarters.
They are just starting to scratch the surface.
Ask yourself this - would you pay $4.5 a share for $RVNC led by Foley. Foley isn't going away.
Just picked up some more shares
It’s mind boggling that shares trade at 1/10 of the high after approval all because of a mess up rollout.
And the secondary is down 30 percent already without any news
Current expectations for q1 is 53 to 59mm.
I think q3 and q4 would be the ones we should focus on anyways
>> I post when I have something to say.
Good point. There is really no news after the secondary... except the share price has been dropping like a rock.
I wish they did
So they will have long enough runway to secure positive earnings
I see. thanks. So we don't know if they did it or not then, right? Nice to be in the dark when the stock just keep dropping, isnt it?
Did they do PR when they do a second draw?
Non stop selling still.
Going below 2x sales soon
Could be. Obviously, no one should believe blindly things they read from internet ;)
The share price is just so disconnected from the potential here
A large insider buy would give me a clearer signal they are actually believing on the guidance they walked about.
If they believe 280mm this year and if they still believe they have a blockbuster potential, they should be buying hand over fist
I think RVNC really trying to make sure its relationship with injectors are solid
You can really tell from their actions taken since the launch
I think what you suggested will remove flexibility that RVNC tries to offer?
So Foley mentioned he and the rest of management team have been meeting with injectors in a few major markets to hear their feedback and have changed things accordingly
And so far the feedback is positive.
Are those complete lies then?
I just don’t believe things are so bad and so obvious and somehow not being fixed
Only reasons I see 1) Foley is here to destroy the company which he has 1 million of shares. 2) things aren’t that bad and we might just need more time to see things being turned around 3) Daxxify sucks
So far logic tells me is 2
Well we have a vote coming up
I am sure he will get voted out soon if he is such a disaster?
Remember when $ENTA is not investable according to some? Now it's at ~18 bucks. Same company. Pretty much no new major news. Just sentiment change.
>> And what you all see publicly is not exactly the real deal
publicly meaning the stock price, it's at pretty much all time low. So the corp must be pretty bad in your view. Sorry to ask, but why not leaving then? Just because you love the products?
So what do you think about Daxxify?
Ms.Dtox - do/did you work for the company?
I am checking with IR about the events.. especially about the 25% statement and it's not what I hear.. Your #s seems rathe specific.
It’s always easy to trash talk a stock when it’s down so much already
Which event you are referring to?
Seems pretty well attended for those that I see online
Maybe I am naive but I think they are genuinely trying to fix their relationships with their early access injectors before ramping up marketing. So the ramp up means we are close to full relaunch
I am seeing an uptick in their social media push recently. I guess DTC is happening
What is the percentage of those "not so good injectors" in the industry?
For them, Daxxify can literally end or at least significantly damage their businesses over time. So I would think they would try their best to delay the evitable as much as possible. I wonder if some of them posted here.
Not sure. Wish I have more money here than that damn RVNC. lol
My best guess is fund liquidation event (possibly quarter end related) or some hedging activity related to the 150mm tranche.
Don’t think it’s fundamental related
what's up with the continue sell off? Any one has any guesses?
I think some funds want out before quarter end at all cost. I picked up some more shares.
That or something we don’t know about. Otherwise, no way this company worth such a tiny market cap.
But the recent 100mm fund raising tells me it’s the former so I am buying some to take advantage.
4.69 - seems so hopeless, bottomless.
>> 15-20 reps will not cut it verses AbbVie/Allergans 110-120 Therapeutics Reps.
First, there will be 40. Second, I think the quality of drug will outweigh the # of sales over time.
By the way, I thought u said u will stop posting. I encourage you continue to post. I think this board welcomes negative views but of course, we will continue to make our own cases.
Will be interesting to see how the relaunch will work out. Those that are pissed probably will take a while to come back. Those injectors that screwed up injections probably will not come back until they start to lose clients to other if daxxify works better in other places.
Also interested to see how new accounts number will ramp up and how much sales will be new vs reorder.
Not the time to fold for sure.
I think we all agree things have not been well.
Turnaround does not shown up in the numbers yet and it might take a lot longer or it might never work.
Foley mentioned CD sales of 10mm this year
as many analysts have forecasted is reasonable.
I think many of us get that.