Revance Therapeutics Inc (RVNC)

[DewDiligence]

You have the right to change your mind but why the hesitation? Dilution will happen but is it not still worth ~5 billion (let's assume approval someday). Burn can lessen in meantime.

Cash burn should lessen as currently running clinical trials wind down. The migraine program, which I was never in favor of, will presumably not get the off the ground.

I may add at some point. However, all of my other positions have large unrealized gains that would generate a significant tax hit if pared to fund an addition to RVNC. So, for now, I will just hold.