Replies to post #73088 on NanoViricides Inc (NNVC)

[BonelessCat]

notice that the share price hasn't collapsed since the R/S,

Well, got the expected 20% drop after the RS, but many penny stock drop 50% to 75% initially erasing almost any advantage gained by the R/S. Not only was the sell-off minimal, but the recovery to 52 week highs is pretty remarkable and shows that management had all their ducks lined up before taking that reverse split shot.

[JG36]

The statement that garnered responses from Big K and Puffer was:

"I doubt that the people buying today have any better idea of when tox studies are actually going to start than we do."

I stand by that statement. I see no indication that the people buying today are insiders. Today's buyers can guess as well as you or I as to whether tox studies will start on time, but no better.

Me, I'll bet with the trend, so my prediction is that as of the morning of October 1, 2013 there will still be no indication of Flucide tox studies having begun.