Friday, October 16, 2009

Interim charts


Only one way to interpret these breakdowns



A

31 comments:

Anonymous said...

What's up with NNVC- falling hard with no news??

Dave said...

I just picked-up some more shares on this dip.

Anonymous said...

NNVC just getting hammered, Hammered I tell ya

Allan said...

Re: NNVC

If you have to look at it every day, every tick, maybe this is not the stock for you. It is a "story stock," not a trading stock. If the story holds, it will be the greatest stock of your investing life. So far, the story is holding.....as should be all shareholders.

If you want to trade something, GS is below 185 and the SPX is breaking down today. Cast your eyes away from NNVC, it is in its own world.

Anonymous said...

ALLAN,

I've been reading all your old posts.
(Like a book....lol)

Any chance you can post your old TRADER INTERVIEW or will I be forced to subscribe to hear your interview?

Cheapo

Dave said...

The MM may be "setting the board" in preparation of the impending run.
It's darkest before the dawn...
The calm before the storm...
You get it.
The only reason I still watch NNVC is get more shares on dips.

steve said...

Allan , can you please show us an updated monthly NNVC chart based on the the same anaylsis from earlier this month....it appears to have negated your forecast completely..what is the downside target now? Thanks

Pivot Trend said...

Thanks, Allan. Bought some shares on NNVC at 0.66.

Anonymous said...

Allan,

Just bought my first shares in NNVC at .66 thanks.

L

Anonymous said...

Perfect frame of mind,Allan,about nnvc. I completely agree.
set it and forget it.
...................................

I'm looking for a good hold between 64 and 52. a possible drop next week and a half a little more maybe down to 60,58,....
dont be panicked if theres one more subwave like this .

and if the 60 area(high 50's) holds up for the next few weeks a good upwave should be the next movement.

Anonymous said...

I have to say, I am sick, just sick of hearing about NNVC nay-sayers. The company has not filed anything substantial towards and IND yet. That is the first step of a near 4-5 years process of getting drugs approved. Lots of drugs only make it to Phase I and II. Getting to Phase III is significant. I would say the better question is having people like Allan explain why the pre-clinical/tox is moving slow. Is there a tox issue? Why only in mice? Is this a money limitation why they haven't gone to other animal models? What is the plan? Then you can make an investment decision on whether the technology fades as just a laudable idea or a real commercial opportunity. I will state that if they don't make progress into their tox phase in the next 3 months then there is a money hurdle or a scientific hurdle? Which one? Allan? They got some funding Oct 5, so they should be able to conduct some larger animal studies if this was the hold up. 4.3M should be enough to grab some good tox data if they don't get rapped by CRO's in the process (money or quality wise). So for the people looking for a quick buck, this isn't it. Looking to get in on something potentially rewarding, there ye be. Allan, can you put an appropriate portfolio size of shares instead of 10,000 shares. Me thinks people may have taken too much risk on NNVC judging comments from the past 4 months.

Doug

Anonymous said...

avg vol on NNVC 105K, today it traded 485K, currently at 63 cents, bid-ask at 61-62

Anonymous said...

More chatter like that and we will surely be able to get it cheaper. Alan is likely the most credible and generous trader today.

Allan said...

Doug:

I think it would be best for all of us if such questions were directed to management.

As for me, I stand by my assessment of the company and it's potential, including all stock price forecasts.

A

Anonymous said...

I didn't say anything about Allan's credibility or his generosity. I speak the incredible road NNVC has before them despite their interesting and innovative idea. And its cheap right now, so buy what is responsible for your portfolio. I merely state the hurdles NNVC has infront of them as every other biotech startup. Chatter? I was asking real questions that have real implications into the viability long-term. If they can't generate the tox data, they can't go forward...this is a fact not chatter.

Anonymous said...

Fair enough Allan, sorry to clutter your comments section.

Anonymous said...

I think you've mixed up NNVC with the general market there Alan. NNVC seems to be the one falling through the trap door and the market in general making longs very rich.

Anonymous said...

I for one have no problem putting a portion of my investment capital into speculative issues like NNVC for potential big gains.
Take DDRX, who would have bought this stock this past March at .21

L

mike c said...

THANKS ALLAN, NEW TO YOUR BLOG, JUST BOUGHT 20,000 NNVC IN IRA TODAY, GOOD LUCK MIKEC

Anonymous said...

Mike C, Thanks you might have gotten the 20K I sold.
Had to lighten up and take some profits.
Still in for 50K shares.

mike c said...

EXCELLENT, I JUST BUYING WITH MAD MONEY, WILL AVG DOWN IF MARKET CRASH, WOULD NOT THINK IT GOES LOWER THAN 25 CENTS, BUT WHO KNOWS, THANKS ALLAN

Anonymous said...

This may help re tox ?s: We estimate that we will need approximately an additional $10M to $15M over the next 18 months for further development of our pipeline. These additional funds will enable us to perform Tox Package Studies and additional efficacy studies necessary to prepare the full dataset required for filing our first IND to the US FDA on one of our drug candidates. The additional funds will also be needed to hire additional personnel, increased subcontract costs relative to the expansion and further development of our drug pipeline, and for additional capital and operational expenditures to be incurred infilling our first IND.

Jeff/Dallas,TX

Anonymous said...

Allan,
Most of the stocks in my watching list are so far at their bottoms now as if already witnessed or witnessing a market crash though the major indices are still at their high levels.
How is that?

Serge

Anonymous said...

Serge,

Don't forget crap floats hence the high levels on the indices.

Anonymous said...

The fact that NNVC can't move up in price in the time of the Swine Flu pandemic speaks volumes on this stocks potential. That it is actually going down is even more troubling. Anyone who bought this stock I would urge you to put in a stop loss. Dont' ride this down into single digits. Allan is there a point where you will admit that you are wrong on this? There are many people who respect you and are throwing money at this. I think you owe it to your followers at some point to admit the mistake on this stock thus to avoid further losses.

hossein said...

At some point yes there has to be a stop loss...
2-3 years ago I invested minimally in a penny stock discussed in a few posts by Allan--SPOOZ or SPZI (can't remember the symbol).
Glad I invested "minimally" because 98% of my investment is gone and I "averaged down" once.
Anwhooooo I finally bought some NNVC since I began following it over 3 years ago because of Allan.
The stock is around -10% since I began tracking it in September 2006 so I threw a few grand at it.

Anonymous said...

Anyone who who does trend following knows the trend is not good, time to sell.

steve said...

Any one who has followed Allan knows that he only talks about his picks that go up, never about the ones that down. And that he loves to predict market crashes...what is he...1/10, 1/20 ? Any one that invests his money based on Allan deserves to lose.

Anonymous said...

Allan talks about his picks that go up thats true but if you follow each case(The ones that down) throughout his blog comments you will find many cases where Allan mentioned a stop loss. Remember CEP few months ago, Allan was very bullish at the $4.50 take but warned and placed a stop loss at $3.80, after all Allan is not here to trade on our behalf.
I need to say at once, most Allan's picks were best of the best how can i forget TGB gfre cxm flue basket and more and more

Serge

jerrynmn1 said...

No one here needs an apologist, those who are angry nor Allan.His blog has clearly stated now and in the past about his picks,tends, and NNVC. It is written in a refreshingly honest, non scam manner. Obviously trading stocks is far from a science and is often subject to all kinds of crooked manipulations by MM, insiders, blogs etc. If you are pissed at Allan, stop reading his blog. If you want him to guarantee what he says, stop reading his blog and go to the "Preacher Blog" for his 1 second guarantee. I don't personally know Allan but when I read his thoughts, they are what he thinks, feels, and are his opinions.Some I agree with, others, I don't know what I think, others, I disagree with. Bottom line, why would you click on his blog if you do not feel he is giving you anything helpful?? Just to dump on him. grow up!

Anonymous said...

Ditto what Jerrynmn1 said!
Doug in ATL