Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
from their forward looking statements:
"there can be no assurances that any of INNOVIVE's development efforts relating to its product candidates will be successful. Other risks that may affect forward-looking information contained in this press release include INNOVIVE's immediate need for operating capital, the risk that the results of clinical trials may not support INNOVIVE's claims, the possibility of being unable to obtain regulatory approval of INNOVIVE's product candidates"
and most striking:
"INNOVIVE's reliance on third party researchers to develop its product candidates and its lack of experience in developing pharmaceutical products."
so basically the company looks like an inexperienced middle man. what info do you have that prompts a positive recommendation other then possibly having a corner on some new medications (one primarilly for a rare cancer) in the heavily competitive cancer drug market?
not much short volume on this stock. check around and you will see. lack of canes/debt/dilution are the story on this stock for now. the weather has been bad in all of the states they operate in, and that should show in their next quaterly if they are taking care of business, even without canes. if they can start to pay down their liabilities, particularly to Mr. Fife, that the 800 LB gorilla will eventually get off this stock's back.
the stock opens and closes at 6 with a potential big one coming down the chute (more potential then anything else we have seen ths year) is i guess good news, but 6ish seems to be about bottom of late no matter what the news, or lack of same. not even a hint of a bounce off this current storm so far is dissapointing and does not speak well for the big run up some people predict. i hope their right (i would dump this puppy in a heartbeat at break even, let alone a profit) but the stock just seems pps stagnant and resistant to further pps movement up or down. a sailboat sans wind. i sure hope the bulls are right b ut there is always next year.
agendas, conspiracies and wind shear all working together in perfect harmony. geesh.
well, we even we non rocket scientists are aware of the weather factor, but i don 't believe that alone is what has driven this pps down to the level we are seeing at what is the the peak of the cane season. i do believe 3saints and others are correct at including stock dilution since last year and debt to mv as prominent factors as well. in any event it is a beautiful day here in N. Cal and enough of this nsmg c**p for today. good luck on new trades to all who have sold and also to those who hold for better days ahead (like next year). being a Jet fan i am used to wait till next year.
i don't see how fife unloading his shares (which i think cost him between .06 and .08 a share if fully converted from debt) causes anything but a lower pps. i assume he would like to
make money, so unloading a gazillion shares just hurts him and us at this point. if the stock does go up, he will want to unload slowly to milk the pps and not tank it by mass selling. i guess the only "unloading" scenario i can see is an insider selling big time on this stock if they knew it was going in the crapper. better 6 and 8 cents a share then nothing.
well - sorry for your loss but i refuse to reward the bottom feeders on this stock and will hold till next year if need be. lack of USA hurricanes and too much debt/dilution is killing this stock. a ++ next quarterly income wise, debt reduction without further dilution, and a few canes may set up some profit taking next year. what i have learned is that pinks seem to be insider/MM driven and thus highly prone to manipulation and if your not close to the inner circle chances are you will get screwed.
storm finally hits and the sucker still goes down. does a hurricane need to decimate the southeast to get some stock movement....? unbelievable. i am getting pretty resolved to just holding my nose and waiting for some rebound next year on nsmg. hope i am wrong but nothing seems able to overcome dilution. sure learning a lot about pinks (first trade ever for pinkies), so that is worth something .
hold till next year if nada happens this year. knock the capital gains(?) down by 10%. that's being a tad optimistic but i did buy the stock to make money
i am always honest and don't need to be reminded or challenged to be so. i have 40K shares total and am now averaged in at about .19 - does that now bestow the right to comment upon me? the fact is there is scant support for nsmg on the buy side over the last 30-60 days so our hoped for gains never materialized (as yet). as also stated previously i feel the stock is undervalued at present pps (.07-08 versus MA of .20 over last year), but absent solid hurricane news and/or a more favorable earnings versus debt ratio i can't see it doing anything. i have considered buying more now to average down further but just don't have enough confidence in the stock to sink any more $$ into it. any other questions ?
well yippeekayoo !! now its back to .07 again. looks like there is a bizillion shares at about that level. buy all you want.
this the right guy?? sounds like a pup just outa grad school.
"2. CareerJournal |
www.careermagazine.com/reports - [Cached]
Published on: 9/23/2004 Last Visited: 9/23/2004
The social and environmental programs are what attracted M.B.A. student Nick Cucinelli to Michigan. A former member of the Coast Guard and the founder of a yacht maintenance and delivery business, he is now part of Michigan's Corporate Environmental Management Program. So far, he has worked on the issue of "sustainable mobility" at Ford Motor Co. and with the Carbon Disclosure Project, a London-based group dedicated to environmental responsibility. "Those projects give you a context for what you learn in class," he says. "They're the capstones that glued everything together for me." He says he was disappointed, however, that sustainability issues were given short shrift in finance courses. So he did some research CareerJournal |
www.careermagazine.com/reports - [Cached]
Published on: 9/23/2004 Last Visited: 9/23/2004
anybody who has any chart that will tell you what a stock will sell at tommorrow is a rich man. pictographic retrospectives of any ilk are just that and no more.
prior hx is not an accurate prognosticator of any future stock price. of all the sticks, candles and blurbs of any persuasion, IMHO the moving average is the best historical view of a stock in the context of average performance over time. nsmg is now selling well below a 1 year moving average (.08 versus about a .20) they have to get ahead of the debt curve (wihout simply diluting further which is a losing strategy in the end). i do hope eventual uplisting gives it a bump upward but am prepared to buy to aver down at these lows, and wait till next year if I have to. next quarterly will be muy importante.
and your point was???
did you mean .011? oy vey.
terriffic - winter pps lows in mid cane season. god knows what it will drop to in "off season" this winter. might take godzilla coming ashore to get this zombie moving. can't be much profit taking left at this rediculous pps! guess i will hold till next year and hope it survives the winter. live to fight another day. like the song says "what a long, strange trip its been" with nsmg.
i just know the shorts increased dramatically of late. some folks are obviously hedging their bets on octl. i keep wanting to take a position in this, but something is holding me back. just a bad feeling. some of the principals have an odious rep (well earned). maybe they got lucky. maybe not. just not sure yet. i would love to know what exact business relationship octl mgt has with UofI - they do not show on the list of investors in the latest press release that did not come from octl. not easy to find that out ! good luck whatever you decide.
"The research was funded by the National Science Foundation, the State of Illinois, the Grainger Foundation and the University of Illinois."
i thought octl was one of the parties that funded this research, if not, what interest do they have in this
technology other then citing it ?
same high as last year. looks like same result as last year for season. oh well.
i believe that figure represents how long, on average volume, it would take in days to cover the short. if the cover time was that short no one would short. hope this helps.
well, one would hope making something illegal would reduce its allure to most people. if nss's are happening with nsmg (or any stock for that matter) then the perpetrators should be held accountable [eventually].
my mistake then - thought naked shorts were made illegal in 2003.
"On Oct 29, 2003, the SEC implemented a new rule to ban naked shorting in order to protect thinly traded stocks that are vulnerable to aggressive short-selling which would cause the stock price to fall. Critics of the new rule argue that if naked-shorting had not taken place during the micro-cap crime wave of the 1990s, such stocks would have climbed even higher before they crashed. Thus, the SEC's action to ban naked-shorting eliminated the only market force against over-hyped, or even fraudulent, small-cap and micro-cap stocks."
i would be even more concerned about the short positions out on this stock. check out short movement over the last month. some folks are betting pretty heavy it is going lower. now if i could just time their cover strategy for a good buy.......
except the short position has not budged and remains quite low (700 shares or .01%) according to : http://shortsqueeze.com/index.php?symbol=nsmg&submit=+GO+
heck, who really knows ain't gonna tell us !
the thought that a single person posting on a few message boards is enough to sway a stock price sounds rather far feteched to me. conversely, the daily volumes for nsmg have been pretty low and so it has been ripe for some degree of pps manipulation. but since the stock has dropped on mainly low volume, it would not take much ++ volume to get it moving rather quickly in the other direction. let's hope for that! on the other hand, the info presented by some folks not bullish on nsmg has been factually correct as far as i can determine - it is their interpretation of the meaning of those facts that cause some folks here extreme discomfort. it is a classic case of the bulls vs the bears in terms of outlook. i try to let the facts stand on their own and be incorporated into my overview on any stock. getting upset at some posters is not a cogent argument against stock dilution or overfinancing. folks can either accept or rebut the facts, be selective with facts, or ignore them. nsmg's percentage of revenue to debt is simply not good at this time and i think a lot of folks like me are sitting on the sidelines cause they see dilution and more coming with only a higher gross revenue for one quarter on the + side. so i can't get comfy with any more buys on this but am also nowhere near the pps i hoped for in order to sell . i think we are all just kinda stuck in the muddle at this point and the stock is flat as a pancake. any "l's" forming anywhere
yes, i understand that they are over their heads debt wise. I had calculated about .06 cent a share on average paid by Mr. Fife, but that was after a few glasses of Carbernet. i do believe he wants to make as much money as possible, so actions on his part that depress pps is not a good long term strategy. i am averaged in at about .19 and have no problems holding till next year if need be. if i have to take a loss eventually, i will use it to offset capital gains on other stocks. once i do sell nsmg i doubt i will get back in based on debt ratio and stock dilution. the worst that can happen is that they are in a financial death spiral at which point my loss will just soften the tax bite a bit more. i said in a prior post that holding this stock was like eating ground glass with several folks taking me to task for my comment. i will now amend that to holding this stock is like sipping hemlock. i hope for all to make money on nsmg and move on but the likelyhood seems more remote as the days pass.
it is unfortunate that this stock, as least in the view of the many speculators that seem to hold it, can only do well with hurricanes that are a direct hit on USA. major storms in several of the states they operate in have already occurred which should drive up revenues, but no one seems to notice these events.
could it be Fife is working through VFIN to sell off his original allotment of shares (before 07 litigation) to drive the price down, so when he aquires 40 mill more shares it will be at .06 a share and he will ride the train up from there? just wondering.
btw, the internet is riddled with fraud stuff re VFIN. here's one example of many
http://sec.edgar-online.com/2001/03/20/0000950170-01-000363/Section4.asp
no problema - i gave up my perfect card at birth.
that's what i said ......duh
So just since January 07 fourty million shares of nsmg stock with 74,000,000 million outstanding which is about 54 % without prior shares taken into account.
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=11813864
it would appear our fate is largely in the hands of Mr. Fife. hopefully he cannot protect his interests without protecting ours, if he feels nsmg is worth holding. he gets the shares super cheap (.06 cents per share by my calcs) if he prevails in the law suit and exercises all his options. why would he not if they can't pay him ? if he had exercised today at the hopefully rock bottom pps of .13 he's already up .07 x 40 mill = 2.8 mill !! of course, 40 million shares X .13 = 5.2 mill for a 2.5 mill debt if, as we all hope, nsmg goes up this year - Mr. F would have mucho mucho dinero. a great example of it takes a lot of money to make a lot of money (as in Fife a lot).
PS: the calcs are after two glasses of Napa Cabernet and the total shares outstanding is from 1 site only)
i assume they are using settlement date for trade close ?
you make some good points but based on past performance one would have expected nsmg to gradually build pps april or may through October as past seasons show. but not this year. this year it is up and down drastically when it should be building pps. why so different this year? dilution? manipulation? both? perhaps i am all wet here but something about the movements on this stock feel very manipulated. i don't know whether it is Fife or whomever, but i do know he has a ton of cheap shares and i keep seeing "VFIN" mentioned as some kind of stock pupeteer (same?). i am in till next season at least so i don't jump in and out every time a flea farts in the atlantic but the pps makes no sense at this point unless it is diluted to all get out and/or being manipulated. sorry, i left my cheerleader outfit at the cleaners.
hey nuzzi, there is room for all points of view on this board (unless it is your private playpen) so stop with the name calling already!
well, i think a small group of folks is manipulating the hell out of this stock and i hope someday the SEC investigates it.
i think we all have figured out that law suit link you gave is useless ......details on lawsuit are avilable on this forum. i am not thrilled about the suit either, but to sell now makes no sense to me either, unless you see it crashing during storm season - i don't but heck just my opine. the next 1/4ly comes after season is over so we are all driving in heavy fog right now. i think the suit news hurt this stock this week and that has now been adjusted for in the pps. if Fife sells then its bad news bears. he gets the stock pretty cheap.
"I point to the timing that you are using re the Fife lawsuit...you've never mentioned Fife before until today when the season is on the brink of starting because of Dean. Anyone would find that interesting."
perhaps mainly paranoid people. i had no reason to mention Fife before. if you don't care what i post why do you keep commenting ? playing to the crowd? i am not one of the "insiders" here as i am fairly new (May 07 ++) to the stock. all i ever said was this news was not good, in my opine. also, my initial post on this topic had several positive comments re nsmg, along with my stated concern. perhaps you are the one with an agenda here. folks are free to ignore anyone they choose, including me. life as we know it will continue. if i upset you then don't read any of my posts. good old democracy in action.