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According to company, vehicles will be "subscription" based. You don't actually buy the vehicle. It's like a rental. You subscribe to use one for a month or a year but not a lease. If there is a problem, you turn the vehicle in for another one. They may have purchases later but first vehicles will be this way. All maintenance is included. Interesting concept.
$1.00+/share will come, headwinds getting there but once there it will rise to $1.5+ range quickly. Problem is, getting there will be a struggle thanks to shorters of the stock... but even they will realize the value here. IMHO
The time to buy was earlier this morning. With oil holding at approx. $38/BBL crude, as long as it stays above $35/BBL this stock will climb in value and share price. The CRZO purchase is starting to pay off... Share price to over $3.00 will happen soon! All IMHO. Watch!
This will be a $3.00+ stock within 2 weeks...watch! The metrics for this stock imply so much more value in this stock than has been realized... IMHO
Over the next month I see this topping out in the $1.40's short term. After a slow down or pull back I see it going to $2.00 and above by years end. It's all about production and demand.
This isn't your typical "Penny Stock", this is a behemoth. It is so undervalued it isn't funny. The combined company of Callon and Carizzo Oil has such upside potential, even at these oil prices, this will easily triple when oil gets back above $45/BBL. NOW is the time to buy this BEFORE it goes higher. I did a month ago and have no regrets at all! When the shorts are done, it's go time! Mark my words, in a month, this will be over $1.00/share heading to $2/share and above!
The fundamentals of this stock are real solid. This is way under valued right now. One of the best oil plays out there. BUY now and you will be very happy you did in about a month...
I'm sorry but Toro you just don't know a damn thing about what is going to happen with NVCN and act like you do because you are loosing thousands on your 1,000,000 shares. "Hold them until they are worthless" is your motto... Good luck with that!
Yes; read the press release. R/S approved but no mention of what the ratio is going to be so what are they hiding? I'm betting it's at least 100:1 and this stock will fall off a cliff as soon as it's announced.
NVCN is about to fall off the proverbial cliff..."At the Meeting, the Shareholders also approved amendments to the Company's stock option plan and the unallocated options thereunder (91.69% of votes cast in favour), approved the Company's Common Share Consolidation (83.84% of votes cast in favour) and re-appointed Grant Thornton LLP, Chartered Accountants as auditors of the Company (94.81% of votes cast in favour)."and "As of May 31, 2018, a total of 1,860,184,719 Common Shares were issued and outstanding." This is almost laughable... this will be trading back in the .02's by the end of the week!
People are still buying NVCN, why? It's not going anywhere but down until after the R/S. This is a no brainer...
If they did that it would be the fastest way for this stock to go to sub-penny world... not gonna happen. They want this above $1.00 fast or big investors won't touch this stock.
All this stock needs is a chain of small positive facts to come out to prove its value and this will move up nicely. Now all we need to do is find those positive facts and get this moving...
This stock is going no where but down... It's in big bold letters, Dilution plus reverse split = stock price gets killed! How more plain does that get!
There is no mystery here and little hope until after the reverse split but until then any in NVCN will loose money, it's that simple.
Sure enough we are in the high .02's and low .03's and still people are holding this loosing money every day. Save what you have while you can and get back in AFTER the R/S. If you like throwing money away, then by all means, stay in!
Great so you will have 9,573.53 shares after the R/S, keep buying and get to an even 10,000 after the R/S....better you than me
This is a highly under valued and over sold stock. It should be easily over $1.00 within 30 days IMO. It's picking up market share and then going to add to the revenue chain in multiple ways. IMO
Here come the .02's... Gapping down every other day now!
You got it, now you see it for what it is. It's INSANE to buy NVCN shares right now. I 100% guarantee you will loose money if you do right now, unless you get lucky with a short spike and sell. Holding NVCN long is a fools errand and you will get burnt. There are paid pumpers here, BEWARE!
Not worth owning at this point until sometime after the reverse split.
This is likely to be the new theater equivalent of Netflix and is going thru a rough patch just like Netflix did about 9 years ago. Next year, this won't be a $0.65/share stock; it will be double to triple that to the up side, at least. IMO
You need to read the companies press releases. It will be shortly after the special meeting on June 4th, 2018.
Moviepass is not a flop. They went from 70,000 members at acquisition in late 2017 to over 3 Million subscribers today. Not a flop.
The reason for the reverse spit is simple for two reasons: 1) brings shares outstanding down to 17 Million O/S at over $ 2.00/share to satisfy NASDAQ requirements and 2) So they can sell a ton of shares for $1.50 a share or more to get more capital for the company to run on since they are only making under $500 Thousand in sales per quarter. It's the only way for them to stay in business. It's simple, see. All companies in NVCN's spot do the same thing to survive, at share buyers expense. It's just sound business. Shareholders get screwed and NVCN does just fine... Just keep watching... you will see, I'm right. Shorting this is the only way for share holders to make money here. Good luck!
NVCN has stair stepped down since the beginning of the month from mid .04's to now the mid .03's. By end of month, with the R/S looming this will be in the .02's. Then after the reverse split, all those still holding will get so burnt buy holding thru the reverse split that it will fall further before, at some point recovering somewhat. Who the hell wants to go thru that, loosing money all the way! IMO
For now, yes. At some point they will back off to let it rise to short it again though. With the right news, even they will have to cover. For me this is a buying opportunity and I bought in at .0636 to test the waters.
In my opinion, this stock is over sold and undervalued at this point. It should be around $1.05-$1.15 range even with the negative news out. According to CEO there is 17 months of cash available to run the company which means there is at least a years worth of time for the stock to start gaining traction and the earnings to turn HMNY around.
With share price tanking, 1-100 R/S is guaranteed to happen! This will end up in the .02's shortly, why would you want to own NVCN now? Only an idiot would buy this stock right now! Buy AFTER the reverse split, NEVER going into one!
I hate to say it, but have seen this nearly identical pattern before. That's why I made sure I sold out @ 0.0496 today. Missed that bullet. This will likely settle in the upper .02's before the June R/S special meeting causing the R/S to be closer to 100/1 and leaving roughly 17 million shares outstanding. Share price after the R/S will likely dip at first and then firm up and make slow steady gains and right when things start to look good, BAM, look for stock offerings to finance the company further and dilution kills share price, again... that's the likely game plan. IMO
Likely looking at a 30-40/1 reverse split, IF the share price remains in the .04-.05 range. If it drops to .02-.03 range then the split is likely 40-50/1 reverse split. Everyone holding better hope that it stays where it is or goes up (unlikely in the face of a reverse split) between now and June 4th meeting. Good luck!
Absolutely!!! There is little choice. If you want to buy in for the long haul, wait until after the R/S to buy otherwise you will likely get burnt in the split. IMO
Reverse Split coming by mid June... to get $1.00 bid price or higher for ten days prior to July 2, 2018 to get FULL compliance so they are half the way home now...
toro... the expression is TICK-TOCK not TICK-TAC (that's a candy mint)...
Yeah and 3 months ago 5 analysts said strong BUY, then 1 Month ago it was 4 analysts said strong BUY, NOW, 3 analysts say strong BUY and 1 says HOLD... do you see the pattern here... DILUTION is killing this stock with over 1.7 Billion shares outstanding where 3 months ago it had 67 Million shares outstanding. This stock isn't likely to breakout at all and if it does, don't blink because it will be over that quick. Sorry... NVCN the company will do just fine thanks to all the investors hard earned cash NVCN got selling near worthless shares. IMO
Another day of the "DUD", wait for it, patience... boom time is coming...NOT!
I have to laugh at all the times I've heard "It's GO Time!!!" with NVCN... It's go "NO WHERE" time... NVCN as a company will do just fine... AT THE PRESENT and PRIOR stock buyers expense. Anyone that buys this stock and have bought it and are holding it going into the almost definite REVERSE SPLIT will wish they hadn't. IMO
NVCN is unfortunately going NO WHERE to the upside any time soon. Even on a light trading day like today there is NO upside move which I expected there would be under light selling into strength. This stock is OVERVALUED now with the OS are so high and no one is compelled to buy it at these prices with a reverse split looming in the near future. Face the facts folks, this stock in is now a dud until a MAJOR development happens!
Dilution isn't going to be over until there is over 2.0+ Billion shares outstanding. It's extremely unlikely but possible that NVCN share price will even maintain in the .04's and likely drop to the .03's. I'm being realistic and not dreaming. The facts are that dilution is continuing with the outstanding warrants and until NVCN comes out and says that ALL warrants have been exercised, then dilution is still a big NEGATIVE weighing on NVCN's share value. The likely R/S after isn't helping either.
There is no reason to be patient. NVCN is going no where fast except maybe off a cliff. It's getting very doubtful NVCN will ever see .06 ever again. I used to think a run was likely but not very likely with all the dilution continually pulling back every attempt by the BULLS to move this stock UP. Sad but true.
Dilution, dilution, dilution. NVCN is going no where fast. Too much headwind... not enough value to drive it forward. At or above full value right now. IMO