So the window to enter a bullish trade for the last $150M borrowing is today through potentially as late as Friday. The bears will have to decide whether to close existing positions.
If RVNC pulls the whole 150 at an interest rate that is not excessively punitive (it can be a high rate) then I can see the current price range (4.65 +/-) acting as a floor for awhile and a nice bounce is possible, but obviously sales still have to improve. Not going to opine on pulling less than 150 or relying on future dilutive raises.
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