The shorts in trying to cover? Or shareholders who might decide to sell? RVX.TO (and of course RVXCF as well) have had some pretty wild swings over the past year....a jump back to $1.80 CDN or even back over $2 would not shock me at all, in point of fact I'm very hopeful of it happening.
June's drop coincided with a big spike in short selling, as has this most recent drop. We'll see if the loan goes through and if it does how the market reacts.
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
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