NanoViricides Inc. (NNVC)

[BonelessCat]

If you look at a simple 1 year chart, there is a huge 1 day jump from 1.00 to 1.50 in early January and a big gap follows that was filled, but only an a few low volume dips down to just above 1.50. My take on this is that there were still some illegal naked positions outstanding from the $1 to 1.5 level that needed to be covered. Whence, MM complicity in moving the stock down even against two positive PRs. Also note that there was an awful lot of trading below 1.60 yesterday, and once enough volume was generated below that line, the price miraculously rose.

That is why I really don't like to see gaps and jumps where there is little or no retracement. It catches those nasty short players by surprise and they stop playing fair because their lives are literally on the line until they cover. All covered by the standard disclaimer, IHMO.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nnvc&sid=0&o_symb=nnvc&x....