InvestorsHub Logo
Followers 29
Posts 3997
Boards Moderated 0
Alias Born 10/16/2003

Re: Phoenix300 post# 608

Friday, 08/17/2018 12:44:03 PM

Friday, August 17, 2018 12:44:03 PM

Post# of 1085
Quite honestly I think the money is there now....

And I think the reason the move up stalled is because someone or someones put their foot down on the PPS. I believe the problem is that there are plenty of buyers, but not enough sellers willing to part with their shares for even $3 or $4 CDN.

The problem is that if RVX.TO goes to $5, $6 and starts climbing...that kind of move will attract attention and lead to even more buying in a stock that I already believe has a serious liquidity problem.

Short interest update Monday after the bell should be out and unmuddy the waters at least a little bit.

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.