InvestorsHub Logo
Followers 0
Posts 52
Boards Moderated 0
Alias Born 12/16/2011

Re: GaryR post# 62220

Thursday, 08/23/2012 2:54:59 PM

Thursday, August 23, 2012 2:54:59 PM

Post# of 146240
Well, I'm "strangely quiet" because I have better things to do than post about one stock all day long. I have no illusions that my cheering on a stock will somehow make it go up, any more than my pointing out the obvious risks with this stock will make it go down. (And contrary to what the professional paranoids believe, I have never had a short position in this stock.)

Yes, on good news this stock pops up. Then during the no news periods it drifts back down. The biggest hurdle for NNVC lies ahead: Proving the safety and efficacy of Fluicide in humans. That is by far the most expensive part of drug development and the step where most new drugs fall down. Precisely because nanoviricides are a radical new type of drug, unlike anything that's been tried before, I'm sure the toxicity testing will have to be especially stringent.

I earlier guessed that NNVC would hit 0.35 before it saw 0.70 again. I was wrong. But I won't be at all surprised to see NNVC drift back down below 0.50 again in a few months. It's not as if institutions were buying this stock. This is a vehicle for small speculators (of which I am one), and during a news drought there is nothing to prop up the stock price.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NNVC News