Revance Therapeutics Inc (RVNC)

[IanFromSI]

In the message that I am responding to, I predicted a price in the $12-$10 range. I did not expect that before tax loss selling season this year.

At this time I have no idea where the bottom might be or when it might get there. While I had intended to sell naked puts that were already ITM with a view to establishing a full position in RVNC, I no longer believe that this is a reasonable investment. Rather it’s a very risky speculation.

Nevertheless, I do hope that those who’ve established long positions fare very well. however, Foley is a bigger risk then I had anticipated, and may be more of an obstacle than a blessing.

IMO
Ian