NanoViricides Inc. (NNVC)

[loanranger]

"Hi All
I am a new poster here. I've had a long history with NNVC stock starting back in 2008. I was heavily long and got out around 1.15 at the end of 2015. So I missed the recent rally. Over the time I owned the stock I took out some decent gains mostly as a result of technical analysis. My worst moves were motivated by my "fundamental analysis".... mostly buying into the hype of management. I exited because I lost faith in management's ability to execute and the whole thing about there being two classes of stock with the insiders owning the good stock... I think they are called the B shares.

My understanding is the company is just focused on one product now for ocular herpes infections. If they can deliver on that one the stock will
be fine. I got tired of Gene Seymour's failure to meet one milestone after another. The insiders have a sweet deal with their preferred B shares but the common holders could wind up getting very diluted while the insiders reap most of the rewards.

Technically the stock hit strong resistance that was predicted for the 3.30 to 3.50 zone. Volume analysis shows that the selling pressure picked up strongly starting the 22nd of March. There is strong support in the 1.50 to 1.65 range and I would expect the decline not to exceed that. This a normal pull-back after the strong trend we have had since early January."