Thursday, February 27, 2014 7:15:06 PM
And I agree with both Tangent AND bulldurham. How is that possible?
Simple - NVLX has been doing P&Ds for at least the 10 years I've been watching/investing/trading them.
Remember Citroxin? That was supposed to take over the world by killing anthrax, back when anthrax was going to kill us all.
Remember PurEffect? Wasn't Carmen Electra or Cameron Diaz supposed to lead us to the acne promised land? Gee, they even had a web-site up for that one!
I've followed EFSF and then NVLX through all of those P&D/PR cycles for more than 10 years. I've made money in those cycles mainly because I didn't expect them to be anything more than P&D cycles.
So the P&D history is well-documented, but now it appears that NVLX may be transmogrifying into something more real..... and it looks like a lot of people are really hoping so.
And I agree with bulldurham that the $27mm commitment by LCP is a huge indicator of legitimacy for NVLX, and I share the hopes if the rest of you for its future success.
That leaves me highly conflicted. I took a break from my bike ride this afternoon at 3:55pm, saw NVLX at .505 and contemplated selling a chunk of 30,000 shares to lock in some more profits.... but didn't. Then I got home and showed my wife that I'd made more than $24,000 in profits on NVLX alone just today.... I'd like to have more days like this one, so I'm hoping that transformation is progressing well.
And tomorrow will tell us a lot.
Cheers.
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