RVNC—[Tuesday’s] gain, while biotech was retreating, and reversing RVNC's trend would seem to suggest that the market thinks a takeout is possible, if not probable.
Yes, RVNC has buyout vig, but I wouldn’t read too much into a one-day (or two-day) price movement.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”