Historically, they have never had anything of substance to say. All of those spikes to which you refer, and how I made my small amounts of money on NNVC, were the result of fluff bomb PRs.
Think about it. What truly significant event was ever announced by the company?
SUPPOSE AN ANNOUNCEMENT RELATED TO X INSTEAD OF TECHNICAL PROGRESS
What might X be? I am merely conjecturing here but suppose X was interest from a major Pharma based outside of the US, oh say like Brazil, Argentina....etc.
Again, I am merely speculating here so please understand that.
This is not outside the realm of possibility. I know that for a fact from past experience with another situation in another field that was plagued by technical difficulties.
Trendliner - Regarding your comment on the existing trend: "betting against, it given the short position and lack of liquidity is highly risky in my opinion."