Replies to post #57722 on NanoViricides Inc. (NNVC)

[seeker_of_value]

It is matter of where the stock price should be and where it will actually be. I will take a bet with you. If no insider buying takes place soon, I bet that the price will be below $1 even with an effective IND. An IND is nothing, it is just paperwork. I will also bet that the difference in price one week before the IND is approved to one week after IND is approved will be no more than 20 cents different. I wish I could talk to you directly and take $100 bet on each issue.

More important if the stock price does not take off soon, lots of people are going to call NNVC a loser and are going to sell it. Just watch the selloff starting in April 2012. The annual cycle has now become predictable.

All this talk is pure speculation and I do not like to speculate. The fact is NNVC is trading at a horrible valuation and it is shameful. Can you justify the current valuation and our stock close to 3 year lows when the small cap biotechs have all taken off and are well off their lows. Do not find someone going bankrupt for justification, just look at averages. Are we this bad, or else what do you propose is making the market designate us this horrible?

Seeker

[cabel]

Doc,

You said:

When NNVC has an effective IND, I guarantee the price will be well north of $1 and probably somewhere in the neighborhood of $2 to $3

Does <effective IND> mean they can then start human trials,... so in about 12-18 momths?

If so I see the price between $2-$3 also. After a first successful human trial I see $10.

Thanks