Another great article. And a nice reminder as to the fact that there can be artificial manipulation of a stock price. I think the problem becomes compounded because shorts then say that there is no reason to like the company when the pps is drops. They blame this on the organization. The key here is to be diligent in your DD, and if nothing material has changed, stay the course. I do believe the author correct in stating that shorts may win for a time, as we have seen huge short interest here and the pps struggle back valiantly.
Most recent short interest...
Historical Short Selling Data For NVLX Date VolShorted High Low Close ShortVol RegularVol Jun 26 26.11% 0.28 0.27 0.27 237,883 911,064 Jun 25 54.02% 0.28 0.28 0.28 510,571 945,101 Jun 24 48.10% 0.28 0.27 0.28 431,260 896,543 Jun 23 45.70% 0.27 0.26 0.27 586,343 1,282,921
Again, why it is so important for LONGS to ignore all the noise that is presented to us. Stay the course. NVLX is right on track. All we need is good trial results. Patiently waiting for some news. And like some of you, I am glad no PR today. I'd rather wait and hear about trial commencement and milestones.
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