NanoViricides Inc. (NNVC)

[janetbg2]

To littleprincess and any newbies:
First of all, LOOK at NNVC's website.
http://www.nanoviricides.com/pipeline.html

Do you see where it says "timeline"?
Phase III won't even be complete until 2011.
The company has even posted this caveat:
"The time estimates represented here are approximate and are based on several assumptions.
There is no guarantee that the Company can meet these timelines. "
Their words!
So, it would be foolish to expect this stock to make significant moves up when trials won't even be complete for another 3-4 years.
After the trials, there must be FDA approval.
DNDN (Dendreon)was a $2 stock for YEARS. It went to $24 in one week on an FDA approval "rumor".
Once it was known, there was in fact, no FDA approval but only the "rumor" of approval, the stock crashed.
My point is, it's gonna take YEARS for NNVC to make you a multi-millionaire.