Replies to post #105863 on NanoViricides Inc (NNVC)

[davidc2]

Zeptepi and Alydyr, please take a good hard look at this that was named editors pick by Seeking Alpha and tell us if this is a good investment.

http://m.seekingalpha.com/article/2010691

Here's the intro to an incredibly well done article that I believe is absolute must reading.

Enjoy.


NanoViricides: House Of Cards With -80% Downside, 'Strong Sell' Recommendation

Feb. 11, 2014 9:00 AM ET | by Pump Terminator | about: nnvc
PLEASE SEE FULL DISCLOSURE IN OUR PROFILE

Aside from sounding like the name of another terrible Keanu Reeves movie, NanoViricides (NYSEMKT:NNVC) is the worst US reverse merger we have ever seen. NNVC is so obviously a vehicle designed specifically to enrich insiders we find it offensively similar to the China RTO frauds. This is the first report in a series we will release outlining the most egregious shareholder violations we are aware of in any NYSE company. With multiple questionable stock promoters NNVC has pumped the stock +330% while heavily diluting shareholders and stealing NNVC out from under public investors as insiders siphoned off millions of dollars. We also believe one of NNVC's top scientists has been dishonest which calls into question NNVC's "technology," which we believe is clearly not viable. NNVC's fair value is <$1 versus current trading price of $4.60 and is currently breaking down from the large unrestricted stock selling volume created by the (yet another) recent RDO equity sale. Our medium-term price target is $0.00 as we believe NNVC will implode once it is unable to raise cash, like the CEO, co-founder and ex-CFO's previous defunct company, SSUR.