Replies to post #911 on Resverlogix Corp. (RVXCF)

[cabel]

For this reason I will be selling one third in the next month or two,... just in case the primary endpoint is not reached. I am hoping the price will get up to $6 or so before Top Line Data is announced.
There are many things that point to us making the primary but you just never know.

[growacet]

I wasn't around for the Assure trial failure....

But of course I looked at the chart and saw what happened. I just drew up the chart from that specific period in June/July 2013. The PPS had climbed up around $3 and then the results came out and the bottom fell out....all the way under $0.25....less than a Canadian quarter.

I started my DD on RVX after this black swan event....and what stood out to me was what happened almost immediately following this precipitous drop. Two days after the fall under 25 cents the PPS shot back up to about $1.00, more than a four fold increase. It didn't stay there of course...but if it had been a so called "dead cat" bounce it would have gone back under a quarter and then kept falling.

It didn't take RVX long to establish a base in and around 75 cents or so....and I formed the opinion that RVX was being accumulated by smart money types. The way I see things the trial failure caused the sheep to jump ship, but there were enough buyers willing to take their shares from them that the PPS found decent support in a very short period of time.

Now of course we're at a similar such point....so I can understand the apprehension some might be having, I have it too. Even though I didn't experience that bad news event, I know what they feel like....a punch to the gut. And history can repeat.....

Could something similiar happen? Could the company report a miss on the primary, but still achieve success down the road from the secondary end points?

If they report missing the primary I have little doubt that there would be deep pocketed players ready to hammer the PPS by borrowing and dumping a ton of shares...that's my opinion.

I still haven't worked out all my thoughts on this....I'm hoping in the 2 months or so we have left until Top-Line results come out....I'm hoping we're up around $10....that'll make decisions easier and if it happens I'll likely hedge.

[cabel]

NR,
Preapare for the worst but hope for the best.
3 indicators i think of, that the primary endpoint will be made.
- they still are able to raise millions of dollars, the patient reports must be showing something
- the trial ended much later than anyone expected, so if placebo group had an average result, we are good.
- NR you reported at Bio-conf that DM and management were VERY Upbeat.