News Focus
News Focus
Post# of 257659
Next 10
Followers 843
Posts 123038
Boards Moderated 9
Alias Born 09/05/2002

Re: ChikiTiny post# 212873

Friday, 08/04/2017 1:03:00 PM

Friday, August 04, 2017 1:03:00 PM

Post# of 257659

RVNC—...that seems a dubious reason for a pre-revenue stock to rally.

How so? The expectation of a near-term financing can put a lot of pressure on a small biotech stock, as can heavy use of an ATM facility. RVNC's 2Q17 financial report yesterday lessens both sources of pressure.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today