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Biotech / Medical : NNVC - NanoViricides, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: HardToFind who wrote (3342)12/11/2014 5:59:23 PM
From: HardToFind  Read Replies (2) | Respond to of 12871
 
> BTW, I could be wrong, but I don't think Dr. Seymour was literally asking the group how to raise the share price. I think it was a rhetorical question, sort of like "What can you do?" The implied answer is "Nothing...except continue to execute the business plan responsibly, and wait for the sun to come out."

Another way to phrase that is this:

If Dr. Seymour is truly looking to the SI board for answers as to how to raise the share price, it's probably time for me to take my money out of this stock. I hope (and believe) he is smart enough to know how to do that without our advice. On the other hand, posting advice to the company here can be therapeutic, and is unlikely to hurt much of anything. Please continue to post away...



To: HardToFind who wrote (3342)12/11/2014 11:18:06 PM
From: Kirk ©  Read Replies (1) | Respond to of 12871
 
Great answers, thanks.
On the other hand, if you are cash flow positive or well funded for making it to profitability, a low share price doesn't matter as much.

That is what I was thinking. IF they are successful in the next year, people might start lining up with buckets of cash to partner...

Ever the skeptic, I wonder why Pfizer or some other smart people haven't stepped in to buy shares....



To: HardToFind who wrote (3342)12/12/2014 2:41:00 PM
From: JJx4  Read Replies (2) | Respond to 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?