Replies to post #92940 on NanoViricides Inc. (NNVC)

[I Need Help]

AARONSACESS, your question:

Is there an assurance that those shares will be purchased ?

I assume you are referring to the estimated 3.2 million shares mentioned by Deutsche Bank, pertaining to NNVC and the Russell rebalance.

Simple answer NO. Not because their estimate is inaccurate, but because us retail investors do not know the particulars of what has and will happen.

I had an earlier post today, which gave a partial explanation of why I use technical analysis. Technicals show the what is. When we forecast, there is a great deal of subjectivity and bias. We often throw many assumptions into the mix. You know what is often said of "ASSUMPTIONS" (making an ass of you and me).

We don't know:

Plus or minus the accuracy of the Deutsche Bank estimate.

When accumulation began.

When the cutoff dates for the various funds involved are.

If derivatives or substitutions are acceptable to some of the fund's constructions.

How the Market Makers are playing their hands.

How some deep pocketed market participants may have taken trading positions on the known understanding of the Russell rebalance.

I did observe from technical:

Accumulation starting in NNVC shortly after hitting technical oversold near $3. This is where I took an early and easy moneyed position.

A smooth and steady run up in PPS, lasting many weeks and ending a few days back, comfortable moneyed position.

Current choppiness in trading. Higher volatility. Resistance levels being hit. Potential for a reversal, gambling moneyed positions (long or short).

Possibility for quick trading opportunities, but only for those watching the ticks and nimble.

Pattern traders will need to be patient to see if and when new predictable cycles emerge. I've speculated a new higher trading range compared to the previous.

Long term, well researched, and diversified investors should feel comfortable in their understanding of the science, markets, and potential risk/reward. I do keep a long position.

I have no current trade position, but would reenter if I see a good shorter term risk/reward scenario. And, this could be from a few minutes to many months. Generally, I am no day trader.

We each need to find out what works in the markets for us. Personally, from results, I tend to be a much better trader than investor. I have learned that trading has its limitations and is best suited for relatively smaller dollar amounts (tens of thousands or less compared to tens of thousands or more). Much of the amount is based on the ease to which one can get into and out of a trade.