Replies to post #104689 on NanoViricides Inc. (NNVC)

[loanranger]

Thanks. I understand what you are saying, but why he would be doing what you describe makes zero sense to me.

1. The author of the service believes that NNVC is a Buy and Hold and as such is holding NNVC personally. He expresses that in a column entitled "Trade Notes" (???).
2. Back in April he recommended to his trading subscribers that they short NNVC and furthermore that is his current advice to them.

That is the way I interpreted your post.
"For Allan Harris' personal account, NNVC is a "buy and hold."
For the traders in his newsletter, it vacillates between short and long depending on current trends."




I fully understand how a person might feel that a stock/company could justify a long term investment with a portion of their investment dollars while at the same time acknowledging that, over that long term, the share price might go up and down.....thereby justifying a separate "trading" investment that could move between long and short positions.
Here's what I don't understand:
Why would someone selling advice buy and hold, and/or recommend the buying and holding of, a stock after having also recommended that their subscribers short that same stock and continuing to recommend shorting that stock for a period of 7 months? Why would someone pay for that clearly confused advice?
If he had advised taking a short position recently instead of back in April, that might be consistent with a two portfolio strategy. As it stands, he's buying and holding a position in shares that he advised his subscribers to short in April, to stay short in, and to continue to short.