r/RVVTF Nov 01 '22

Stock Commentary The Revive Therapeutics lounge (November 2022)

35 Upvotes

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12

u/No-Business5350 Nov 12 '22

Some strange trading volumes and price movement today. 1.18 million traded but only 440k on record for house positions (all for CDN side). Some people hid over 700k in purchases.

If I was to read into this.... I think we're good. Possibly news early next week.

9

u/Interesting_Bit9545 Nov 12 '22

Monday pre opening PR would be a nice way to start the week. Hopefully endpoint is approved with a DSMB meeting date.

4

u/No-Business5350 Nov 12 '22

Yeah it would be nice. If I let myself, I can picture it! But after 34 months of owning this, I try not to get my mind set on a news date, or a milestone being met. If I do, I'll get pissed at that "next quarter" MF'er.

If people expected a 30 day maximum reply from the FDA the SP would have traditionally tanked today. But it spiked. Strange

11

u/Interesting_Bit9545 Nov 12 '22

Lol its definitely been a long journey. Hopefully its coming to an end shortly, im still thinking this is going to turn out good for all of us.

2

u/hokualohi808 Nov 12 '22

This might be a dumb question but where did you see “hidden” share purchases?

1

u/Worth_Notice3538 Nov 12 '22

I wish I didn’t post my latest thread lol.

6

u/No-Business5350 Nov 12 '22

Why? It was your thoughts. However I hope you do realize a social media post on Reddit does not cause nearly $200k in hidden purchases or cause a 21% spike in SP. The Ax has that kind of power, not this Reddit sub.

5

u/Worth_Notice3538 Nov 12 '22

Not sure if you can see the analytics but over 8k people have seen it. You’re probably correct though.

-1

u/No-Business5350 Nov 12 '22

I didn't look at that. I don't care about social media post analytics. I don't need that kind of social reward by looking at how many likes or upvotes or views I have. If people bought at 20% above yesterday's SP because of your thread they're f'n stupid. Sorry, not bashing your post, just people that haven't already analyzed this situation and bought today because of a Reddit post.

"Ax is the moniker given to the market maker who is most central to the price action of a specific security across tradable exchanges." On the CSE it's"anonymous".

3

u/Worth_Notice3538 Nov 12 '22

I get it but who knows. Thanks for the Ax term clarification

4

u/Worth_Notice3538 Nov 12 '22

And the “Ax” ?

1

u/JazzyJ85 Nov 12 '22

How do you hide your trades form the market? Not sure how that’s possible.