NanoViricides Inc. (NNVC)

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NEWMONEY WELL ONCE AGAIN I HAVE EGG ON MY FACE

Clearly, I had expected the announcement today. That's the problem with making statements with meaningful cognitive content - they can be falsified with the passage of time. I contrast this with the kinds of things that an astrologer might say; You will meet a tall dark stranger and your life will change. This seems to say something but it does not because it can never be falsified. By the way that's the title of a Woody Allen movie.

I prefer to make meaningful statements, even if they leave me vulnerable to being proved wrong, rather than speak in broad generalities that can never be challenged. This is the art of the talking-heads on the financial news shows. It seems as if they are telling you something but they aren't.

Okay so what now? The market continues to say to me that there is something positive going on and someone knows about it and is buying because of it. The acid test now is can the stock grind through the clear resistance zone on the chart. That would require a close > 1.80 with continued strong volume. When and if that happens the shorts' goose will be cooked and a massive short-squeeze could develop, that could send the stock price over 3.00 in short order (no pun intended).

What will be interesting is how such move will be explained.

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