NanoLogix Inc (NNLX)

[machiavelli10]

Distinguish Share Price from Operating Conditions and Profitability

It is useful to keep in mind that a daily share volume of 60,000 shares traded represents something like one-tenth of one percent of the company shares. In other words, a tiny fraction is trading in the shares and it is extremely easy for that fraction of holders to play games with the price. Whatever is the situation, for the moment let's assume that NanoLogix is moving toward revenues exceeding expenses and toward making a profit on operations. The PR supports such an interpretation. In that situation the company is in the black, operating on an upward curve, and in that setting share price will have virtually nothing to do with solvency. Therefore, cut the BS about bankruptcy, folding etc. of the kind that the scummy class of "you know who's" like to continually push on these boards to scare people for reasons we are not allowed to talk about.

The inability to understand the distinction between a solvent operating company (and then please expect financial reports that will increase share price) and share price in a very thinly traded stock being traded between specific holders or sold for personal needs becomes tiresome. Do I wish price were higher? Sure. Does it make much of a difference to me at this point while I wait patiently for the company to move into the black and become profitable? No.