"NNVC is a more compelling buy today at $0.65 then it was when I first mentioned it here at $0.10, before it ran to $3.75. Then, it was pure speculation. Now, it has taken its first steps as a genuine biotechnology company."What about today, 60 days later, with the price up at $1.60?
Here is a post by the same advocate of these shares that I used in my April blog and who is probably more knowledgeable about Nanoviricides then anyone outside of the company's CEO and Chairman of the Board.
"In the next 5 years I'm expecting a 100 to 500 bagger from current prices. Simple matter of doing the math on approval and stockpiling of drugs for Influenza, HIV, EKC and HEP B and C.
Influenza = $3 billion
HIV = $3 billion
EKS = $3 bilion
HEP B & C = $3 billion
"15% royalty for NNVC = $1.8 billion with a multiplier of 25 times earnings leaves a market cap of $45 billion or $300 a share. Now throw in one drug approval every 6 months and what do you get?"
Link
Takeaway: In the past sixty days the trickle of news out of NNVC has caused someone who knows more about the company then either you or I to raise his valuation of the company by 50%, about another $100 per share.
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I got ny first 1000 shares at .41 PURE LUCK but you know, you take em where you get em
ReplyDeleteAllan
ReplyDeletethanks alot for this one, bought 5000 shares at .45. I owe you a beer if you come to Ann Arbor maybe
dinner too.
Kevin in Ann Arbor
How about we take in a Red Wing game? I've never been to the Joe.
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Hi Allan et al,
ReplyDeleteWill you be continuing to purchase more. It seems like at 1.65 the stock is at a nice breakout. Are you holding on long term?
Thanks!
-AM-
anar, i think i have enough nnvc as i was buying heavily about the time i posted here a few months ago that it was looking good technically at around $0.60. Yes, I am holding for the long term for now and am not even tempted to try to trade around the dips. I want to be fully loaded when the fireworks begin (July 4th would be fitting).
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