NanoViricides Inc. (NNVC)

[JG36]

There are massive amounts of money to be made on people's stupidity, but you have to be smart to know how to do it, and I'm never that smart.

When I first heard about the Wuhan coronavirus it never occurred to me to buy back into NNVC because I knew perfectly well they have no 'cide for any corona virus and I knew that to develop such a 'cide, get it through tox, get it through Phase I trials, get it through Phase II trials, and get it through Phase III trials, would take a minimum of 3 years for a well managed and well funded company, and NNVC has never been well managed and is no longer well funded. The corona virus pandemic will be well over long before such a 'cide could possibly be made available.

But I failed to take into account the most fundamental constant of human civilization -- widespread stupidity. I should have bought NNVC, knowing that fools would fall for the latest Diwan hype, and then sold around $16. I could have made back all my earlier losses.

Lesson learned. Be on the lookout to take advantage of the next wave of human stupidity.