NNVC - NanoViricides, Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : NNVC - NanoViricides, Inc.

NNVC 1.895

-4.5%

2:53 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HardToFind who wrote (3342)	12/12/2014 2:41:00 PM
From: JJx4	Read Replies (2) of 12871

HTF, I agree with all that you say and especially that a stock buy back would not be a good idea at all at this time. You wrote this- Yes, but... #1 - It angers shareholders, especially those that got into a previous financing at a higher price...who feel like they got played. The scenario is that the company raised money from unwitting investors that overpaid, and then bought back the stock at a lower price. They feel like suckers, and take it out on management over time. And my thoughts are this- Very true! They just filed with the SEC to be able sell a bunch more shares when they need to raise capital in the future. My guess is that those that used their warrants at 3.5 this past summer are feeling duped and played, and that they over-payed. This stock was seven bucks or so in the early part of the year and somehow management allowed it to slip to below three today. That's all warrant holders had to do was wait and they could have bought much cheaper. It appears that management (Diwan) have very little respect for shareholders, investors, or the stock price. How are those buyers going to react if approached again in the future? At what price will NNVC be able to sell new shares at with investors knowing how management does little to support their own stock and price of the stock? Like others have said, this company needs a real PR firm on their side. This is a very promising technology but without proper management could be driven into very dark places by those that want to do so. I have a few shares and wouldn't mind picking up some more at the right price. What is the right price?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next