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Re: JG36 post# 73798

Wednesday, 09/25/2013 7:05:24 AM

Wednesday, September 25, 2013 7:05:24 AM

Post# of 146242
From your past post:

"But if NNVC was the near sure 200 bagger that the boosters here think, the smart money would be on the other side of that fence snapping up every share and the price wouldn't be in the low .40s." (which split adjusted would be 1.40's).

Yet now the price is well above 6 (pre-split 1.88). (Note that I have never said anything even remotely like a near sure 200 bagger.)

Obvioulsy the market considers the degree of risk/uncertainty to be a lot less than at the time you made that comment. I suspect that a great deal of that is due to more recent data plus the real "skin in the game" commitment to building a new cGMP manufacturing plant (it's not just talk anymmore).

Pipeline charts are not "predictions" and IMHO no knowledgeable biotech investor would interpret them as such. They are "best guess" projections of the pace of research advances into stages dependent on results of work, some of which is in progress, some of which is not yet begun and some of which is not yet even planned and cannot be without results from work not yet even begun. (You obviously cannot even plan a phase III when you don't even have any data from a phase I).

I had been unable to find older PRs and news on NVCC but now that I am aware of the wayback machine I'll dig deeper into the past.
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