Saturday, November 25, 2017

Beacon Securities research on Resverlogix - 12 month target price $8.55 CDN

At the end of my most recent article, about BET Inhibitors, I noted that Beacon Securities had published a research report on Resverlogix.  But I didn't provide a link. The reason is because, quite simply, there isn't one.  But I can share the report regardless, to find out how keep reading.

If you go to Beacon's site you can see that there is a Research Report dated November 15th entitled:  "Initiating Coverage: Resverlogix Corp. (RVX-T) The New Doctor Is In.  First Perscription Is A Full Dose of Resverlogix: C$8.55".

Go ahead and check it out:  


If you go to Beacon's site linked above and click on the report you'll be taken to a sign-in page requesting a User ID and Password.  You have to be an approved user if you want to access it.  As Mork would say, "Shazbot".  Beacon Securities no longer caters to retail customers, they jettisoned that part of their business back in 2015 to focus in on institutional clients.  You can read about that at the following link:  


And that's a shame because the author of the report has quite the background.  Its not often you get research by someone who holds both a PHD and an MBA.  The author's name is Dr. David M. Kideckel, and according to his Linked-In page he only just joined Beacon this past September, having come from Alexion Pharmaceuticals.  

I imagine I might have some reader's who would really like to read that report.  Especially given that RVX just climbed 23% this past week.  On top of that the website StockWatch shows investment house number #87, which is Beacon, as having bought 35,100 shares this week according to my calculations.  That is the first time I've seen Beacon show up at all as a buyer.  All the buying took place Thursday and Friday. 

I have to wonder.  Is this just the start?

Alright, there is a way to read the report.  Its a bit convoluted, but pretty simple.  An investor forum called Agoracom.com has a user by the name of "noretreat".  I don't know how he/she was able to do this, but it works.  The post this user put up includes a snippet, and a hyperlink that somehow allows readers to download the report.  


Just go to that message board posting and click on the words "CLICK HERE TO VIEW FULL REPORT", its in blue lettering.  I've viewed it several times.  And if you wouldn't mind leaving a comment and sharing your impressions it would be much appreciated.  




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