Replies to post #62763 on NanoViricides Inc. (NNVC)

[cabel]

I concur,... I would imagine that is why he bought at this time and not waited till after Phase II as he suggests others do.

Do what I say,..not what I do!

[leifsmith]

This is how I see it too.

[jg35]

I did not say people should buy after phase 2 results. I said phase 2 results are a long way off, and there is plenty of time to buy before then. Most of the boosts in the stock price that you talk about (completing toxicity testing, phase 1 testing starting, phase 1 testing ending, phase 2 testing starting) will create precisely the sort of short term spike in the price we've just seen. After the eager beavers grab their shares the price starts drifting down again. Heck, even the first of these events (completion of toxicity testing) appears to be months away, so there's no pressing reason for a speculator to get in now rather than a week or a month from now.