Replies to post #79497 on NanoViricides Inc. (NNVC)

[freethemice]

Thanks for clearing that up. So now when the price drops below $5 some
institutional holders will be forced to sell, and below $4.62 the remaining
institutional holders will be forced to sell? However, if you look at
the major holders of the stock the 7 institutions listed account for
142300 shares (<0.3%) of the stock as of Dec 31, 2013 (see link below).
So how is it that they are driving the PPS?
I am just trying to understand what is going on here.
It would seem that the insiders and 5% holders are driving the PPS since
they control 28% of the stock.

http://finance.yahoo.com/q/mh?s=NNVC+Major+Holders

Breakdown
% of Shares Held by All Insider and 5% Owners: 28%
% of Shares Held by Institutional & Mutual Fund Owners: 0%
% of Float Held by Institutional & Mutual Fund Owners: 0%
Number of Institutions Holding Shares: 7