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Re: bloomvest post# 110631

Friday, 04/24/2015 10:35:45 AM

Friday, April 24, 2015 10:35:45 AM

Post# of 146235
Short interest in NNVC? Now that's funny.

NanoViricides (NYSE:NNVC) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,539,026 shares, a drop of 1.5% from the March 13th total of 2,577,404 shares, AnalystRatings.Net reports. Currently, 6.1% of the shares of the company are sold short. Based on an average daily volume of 190,921 shares, the days-to-cover ratio is presently 13.3 days.

This level of short interest hasn't moved but a percent or so since December.

Anyone wasting their time shorting this stock with a daily dollar trading volume of less than 400K I would not consider a 'trader'.

I guess some people are ok with rolling the dice to make make 100 - 300 dollars over 13 days. Seems that no one on here seems to understand what the breakdown metrics of how many shorters vs daily trading volume multiplied by the stock price shows.

It shows chump change small time players, that's what it shows.

There are hundreds of stocks trading 10's to 100's of millions daily. That's where the real 'traders are. This stock wouldn't be worth anyone's time that had any real money. This is a plunk down 10k to 20k stock (chump change) and wait to see if the tech pans out. If not bye bye chump change. If so, hello a free million bucks.

Why anyone would continue day in and day out arguing over the missed timelines is (fill in the blank).
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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