Monday, April 24, 2017 1:43:44 PM
The Altman Z-score cannot take into account facts specific to NNVC like what would happen if they go their drug to clinical testing.
This is, at the same time, a weakness and a strength. It is a weakness just as DrKAZMD65 points out. Yet this can be a strength because prevents getting caught up in details that may weigh heavily on our decision but are unhelpful in a predictive sense.
If NNVC can get their med to clinical testing I would agree the stock will zoom up. But failing that, going only from the financials there is a high probability of bankruptcy according to Altman's model.
The bulls will continue to believe their story and the bears will continue to believe theirs. And so it goes.
Your posts are always appreciated DRKAZMD65
Trendliner
Recent NNVC News
- NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • InvestorsHub NewsWire • 05/02/2024 02:07:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 09:53:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 09:55:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/19/2024 09:44:48 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 12/04/2023 09:08:49 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/13/2023 08:30:41 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/28/2023 08:44:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/01/2023 08:46:45 PM
- Clinical Trial of Broad-Spectrum Antiviral Drug NV-CoV-2 is Progressing Well, Says NanoViricides - NV-CoV-2 is Positioned to Fulfill Many Unmet Medical Needs • InvestorsHub NewsWire • 07/06/2023 03:16:37 PM
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