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stocksrising

10/19/22 1:20 PM

#2865 RE: vinmantoo #2864

Because there seems to be downward pressure, irrespective of XBI(etc.-other indices ),Revance Hasn’t been acting ‘normal’..
so I’m playing it thru selling Nov. 25 puts( prob will ‘sell to open’) addtl if they get to $3+
If exercised, My is Cost is $22.5 on avg ( started on Monday @ $1.75 per put)
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Biowatch

10/19/22 1:23 PM

#2866 RE: vinmantoo #2864

RVNC at ~23.6. ???
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jmkobers

12/21/22 5:22 PM

#3096 RE: vinmantoo #2864

Here it is, so true to your word. Another buying opportunity, but then again, how good of an opportunity could it really be if the longer you wait the lower it goes? I must admit, 19 to me is very unexpected at this stage and I don't buy the tax selling as a root cause. It's been straight down since it touched 30 late Sept.
Is this really about a slow ramp up, bad market, lost faith in management, or combination of all of the above? Beats me. We're trading as if approval never happened, and it's really hard to understand why. Even slow launch seems hard to back as a reason because market is always forward looking, One possibility, which I hope is untrue, is that my assumptions about company aren't true/realistic, someone else already knows this now based on launch feedback, but tragically, I won't until later