RVX.TO Yep, its April 2018 all over again....
Last year in April when the announced a share offering the PPS dropped over 27%....from $1.80 to $1.30.....then it doubled by the end of June.
History repeating imo....time will tell. I think we're going to see short interest climb from the roughly 300K it was at up to April 30th to over 800K when the numbers get updated next week on Tuesday.
Last year RVX.TO showed up on the TSX Buy-In list because of delivery failures...naked short selling in other words, over 1 million shares that were not delivered to buyers. Bears were forced to buy in at above market prices and it started the PPS climbing, from $1.30 to up over $3 by July....
If BETonMACE hits on all three end points I'll be looking back and wishing I'd bought even more.....I added today and will be adding more tomorrow.
GL and God bless
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.
