Clinuvel Pharmaceuticals (CLVLY)

[contrarian bull]

It seems the price of this stock is falling along with all others due to the pending pandemic. I'm having trouble finding the correlation between this stock and the Corona Virus.

I can speculate - maybe people think the insurance companies will suffer from losses due to medical expenses due to the virus and cut back on spending for drugs that simply improve quality of life?

Maybe people are selling anything - even the good stocks - to cover losses elsewhere?

Maybe people don't know what this company does?

If anyone has any insight as to why this stock is falling, and what might reverse it - I'm curious. In the meantime I just keep buying more.

Price is getting to be attractive. Any news and back up to 25 therebouts plus an update on US sales and we begin a new ball game.