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Re: crashco post# 65489

Wednesday, 02/13/2013 12:45:09 PM

Wednesday, February 13, 2013 12:45:09 PM

Post# of 146240
" If you own stock you must also believe it will pass all required tests."

Another example of innumeracy among amateur speculators. Right now NNVC is under 0.50. I think it is reasonable to believe that if Fluicide is proven to work in humans and gets FDA approval that NNVC will be over 5.00. A 10 bagger. Thus one could rationally hold this stock provided that one believes that there is a better than 10% chance that Fluicide will pass all required tests.

That's right -- you can believe that NNVC is more likely than not to fail and go bankrupt and still have rational reasons to hold this stock. But you wouldn't put a quarter of your savings in it.
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