As a student of history, NVLT's massive drop reminds me of HGSI's drop on 03/09/09 after issuing a negative press for their drug. It dropped from the 1.60s all the way down to .45 in a matter of a few days before starting it's run up.
It now trades at $31+.
I'm not saying that lightning will strike twice with NVLT.
However, what I am comfortable saying is that we are oversold at these levels, especially in light of what NVLT has in its pipeline.