NNVC - NanoViricides, Inc. Message Board

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Biotech / Medical : NNVC - NanoViricides, Inc.

NNVC 1.850

-2.6%

Nov 7 9:30 AM EST

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To: Savant who wrote (12637)	2/5/2020 12:01:59 PM
From: cacmed	Read Replies (1) of 12871

As I have said previously I am new to this speculative investing process so please bear with me if I ask stupid questions. I thought the company had authorized the issue of additional shares recently. With three million shares out and thirty five million trades daily, why isn't the company taking advantage of the current share price and putting more shares out into the market? At the $15 SP a million shares would bring in enough to get us through Phase I and perhaps Phase II of the current planned trials. I sold at 8.50 in anticipation of the price going back down to the $2 range after this bump because I don't think any of the fundamentals changed. I will get back in at $2 if that happens and get back 4 to 1 on the split. That's the plan anyway.

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