NanoViricides Inc. (NNVC)

[seeker_of_value]

I am looking forward to a pop in stock prices too. This stock has been oversold for so long that it must bounce now. Just look at the technical picture. Ever since June 2011 the stock has been under severe pressure. Such a period has to come to an end. Hopefully, 52 cents was that double bottom. In my opinion if it crosses the 50 day moving average, which is not much higher from here, the stock will try to test 200 day moving average which is slightly over $1. Even if it has problem going so far up, it should go upto 80-90 cents range. Everything in biotech is up since end of last year. It makes no sense for just NNVC to be so oversold. A period of overselling must be followed by a period of relief, something that has not happened in over six months. Hopefully, Seaside lets it go up this time.

Seeker