Replies to post #53908 on NanoViricides Inc. (NNVC)

[GaryR]

Thanks, daBose, I was speculating on the possibility that another govt, like say Vietnam, whose people are dying right now would invite NNVC help.
God and everyone else knows that we wont get any help from Washington... never have/never will...
and Washington couldnt stop NNVC from helping, right????

[leifsmith]

The big payoff from government that Patrick Cox described would not cost the government anything. It would be in the form of a fast-track voucher to speed the way through the FDA approval process. And, it would be available to the company only AFTER their first drug had already been approved. This voucher could then be used for the second drug, or it could be sold to another company. Some estimates of the value of such a voucher were as high as $300 million. So far in the future that small current progress cannot be expected to have much voucher-related effect on current stock price beyond whatever may already be priced into it.

daBose - this isn't actually a response to something I recall you asking, but someone did and the question kind of began this thread.

[GaryR]

daBose asked
"Can anyone explain the high volume/down day conundrum in the face of relatively good news?"

Could be the soon to be famous "Dane-Dip" where some heavy selling is precipitated by some so as to sweep in and suck-up (steal) some shares prior to a run up....

(We have all seen it and i think it should have a name)