Replies to post #79034 on NanoViricides Inc. (NNVC)

[ZincFinger]

Short term the market also said the last secondary sucked and it sold at prices that the SP has never since gotten within 80 cents of and then the price rocketed to ABOVE where it was just before that previous secondary.

And IMHO it's going to to pretty much the same thing this time for pretty much the same reason. There is apparently a large number of naive and greedy investors who want to get rich quick on high tech stocks WITHOUT doing any DD and just base their reactions on how the SP reacts. And savvy investors frequently clean their clocks with "head fakes" just as they are doing today.

Such opportunities are the best time to increase your holdings.

[BonelessCat]

I think the market is saying the market sucks, and NNVC is part of the market. If the market was saying the placement sucks, then in a weak market the price would be even weaker. In a stronger market I think we would already see a return to the placement price of 5.25, 5.00 anyway. In any case, NNVC seems to be off about the same as other biotechs on my watch list.