NanoViricides Inc. (NNVC)

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NOTHING LIKE QUOTING GENE SEYMOUR HIMSELF ON AN ISSUE

from a prior-truth or "alternative-fact" universe.

De Nile is supposed to be a river in Egypt not a state-of-mind inhabited by investor. Those who remain bullish on NNVC in the face of such evidence is perfectly consistent with studies on cognitive bias. In general evidence against a prior belief does NOT have the effect of moderating the belief. Quite the opposite - the belief becomes more extreme and more intransigent.

This is a testament to the genius of Gene - his ability to create true believers despite the facts.

I will bet that there are still believers in Gene's prior venture SALV, despite the fact that it went to zero well over a decade ago. True believers don't give up.

I will revise my negative assessment of NNVC when there is fundamental or technical evidence of a reversal. Then I will hop aboard for the ride north. At the moment the train is headed south.

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