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Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST

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To: KirbyJF1 who wrote (173)3/14/2012 4:49:32 PM
From: turnaround_seeker2 Recommendations   of 1876
 
Good post Sir Kirby...you said;

"If Steve can Quadruple the price of NOVS in addition to his $6,000,000.00 he would have another $6,000,000.00 for a nice gain of $12,000,000.00. ((I am very hopefull as his gain will be all us longs gains also."

Actually he may need to do a little more than quadruple the share price to make another 6M($4 X 1,500,000 shares= 6M), but quadrupling is a good start.

Most everyone is saying that NOVS should make from 20-30M in 2012, and that should make shares quadruple. I can see the rest happening in the following 2 years or about the time Steve is paid his balloon payment.

Rich
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