Revance Therapeutics Inc (RVNC)

[vinmantoo]

Vinman, RVNC is going up, against a very experienced, very professional, established salesforce. They have faced competitors before and fared very well.

Ian, thanks for your comments. However, I believe you are missing the point a bit. There is a saying that past performance is no guarantee of future success. The competition ABBV/Allergan faced before was with products that offer no improvement/difference to Botox except price. Daxxify is different as it has extended longevity of effect.

I wouldn’t be surprised to see RVNC in the $10-$12 range again. To the extent that its salesforce is able to deliver product to end customers and the end customers see the significant advantages that due diligence does, substantial price gains above the 30s are definitely possible.

At this time, there’s still uncertainty.

The market is often irrational so I wouldn't rule out any price drop. If such a drop happened I would load up. I have no idea what RVNC price will close at today, the end of this week, this month or by year end. As far as uncertainty, yes but you could say that about ANY stock or the stock market in its entirety. If someone wants certainty, then they should just invest T-bills or T-bonds. Approval in CD means prospects are bright and growing brighter. If most people are unable to see that yet, so be it as it means I can take advantage of that short-sightedness.