NanoViricides Inc. (NNVC)

[TheBunny]

Post of the Week !

To Dr. S. to NOW state that it takes 12 to 14 years to bring a drug to market, however, to reel in investors they posted that 2005 Pipeline Chart, that they knew was not even close to realistic, is nothing other than gross deception.

My guess, soley based on technicals, is that this bioturd will break to sub $2.00 this coming week. Sad for all the longs, but the chart tells the tale of a continued failure of management to execute anything. The story of 'waiting until 2017 and beyond' is not a good investment strategy in the face of losses mostly week after week. Something here isn't right. Ask those who have might have held this nightmare for up to ten years. Although you see just the last 18 months on this chart below, it's a living disaster. Never mind the last 18 months of bleeding to more than 68% losses in one of the greatest, if not the best, biotech bull markets ever witnessed, but take a look at a ten year history of delivering nothing. The cost of money is enormous. Even a CD has handsomely outperformed this pos if one simply has held. Sorry for all the longs holding on for a miracle to occur. Perhaps, when the chart resets, it might be worth a quick flip as a few have done over time. Until then, be prepared for a potentially sharp decline as the 2 clams prediction has materialized. As with the 3 clam prediction a while back, it's down yet another 33% from that accurate call. Now I read that 1 clam has been predicted. Hard to argue with a successful track record.