Replies to post #476 on Resverlogix Corp. (RVXCF)

[growacet]

Looks like it was a short attack to me.....

Short interest jumped up by more than 1 million shares after that announcement....so like June the borrowing and dumping of shares hammered the PPS. Likely some shareholders got spooked and bailed, short players know that retail investors are typically very price sensitive.

Hopefully the loan gets announced soon and the decision is made to skip the share offering....it was only "proposed" in any event.