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Wednesday, November 09, 2011 2:06:46 AM
What hedgefund/boiler room outfit would but in $5M at $2.00 a share, $5M at $1.3 (?) and now at $.98. It is not how they do business, in fact they would be out of business if that was the case. Only us shareholder keep throwing good money after bad and rationalize the reasons.
I'm sure they will start selling their shares to get back the latest $5M as soon as they have them. They do not care about the share price, they have a no loss investment. Selling this next 5M investment will bring the price down into the .6 or below if NNVC has no significant updates coming before the end of the year. I sold most of my shares at a little over break even because I think they will be much cheaper soon. I don't short anything below $1.00, just in case anyone wondered.
Plus, lookout for tax selling at these prices.
Recent NNVC News
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 09:53:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 09:55:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/19/2024 09:44:48 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 12/04/2023 09:08:49 PM
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- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/28/2023 08:44:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/01/2023 08:46:45 PM
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