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arvitar

02/25/17 8:42 PM

#130021 RE: JG36 #130020

A run-up to over $3 again? It could happen. But, my observation of many of these biowreck scams is that only lower highs are ever consecutively achieved, 100% of the time. And I'm talking about companies run by more youthful and skillful con men who had put far more energy into promoting their thing, than Seymour could ever be capable of conjuring up on a triple-dose of Geritol.

Many who got sucker-punched by buying into the last pump-up of NNVC will be looking to get out, thus creating a lower ceiling.

Getting out with some fraction of what you've invested is better infinitely better than losing everything. There's only a small chance a tired old con man who doesn't give a shit about stock price might try to run it up one more time before all the money is milked, and he can finally retire. There's an even smaller chance he'd be successful if he found the motivation to try.

Trendliner

02/25/17 9:36 PM

#130023 RE: JG36 #130020

I DON'T SEE $3.00 IN THE CARDS AGAIN

It would take a miracle at this point to regain 3 bucks. If I had to pick an exit point above were we are now I'd say 1.40 to 1.50 would be within the realm of possibility. That will require some sign of material progress.

The stock is being supported by at least one buyer perhaps more. When and if that support leaves I seen nothing to prevent cracking the support zone near 1.00. That will be the last chance to get out at anywhere near 1.00.

As Avatar points out anything above zero is infinitely better than zero.


Trendliner