NanoViricides Inc. (NNVC)

[JG36]

For the past year this stock has been seeing lower highs and lower lows. Now it has a hard time staying above 50 cents. So, no, I wouldn't put any great hope in an end to tax loss selling driving up the price. What's pushing the price down in the first place is not tax loss selling but people giving up on a company that never meets a deadline. The only things that will salvage this stock are completion of toxicity testing and actually beginning phase I testing.