Why I think NBVA will go over 2 dollars per shareYesterday I got an email from a friend asking me why I thought NBVA would go over $2. here was my answer;
NBVA has not done any dilutive financings since they went public. Financings always put extra pressure on stocks when news comes out. The share structure is about as good as you will see with a company with revenue.
I always look at management before I invest. NBVA has top notch Management. They have lots of experience in this field. And the fact that they own a lot of shares in NBVA shows how confident they are in what they are doing.
They have the potential to get many new customers. Hospitals, governments, retail etc. The nice thing is that they get recuring revenue. This is not just a one off sale, they will get money from their customers for many years.
This is a business that not many retail investors understand. There are not that many retail investors in this stock.You can tell by the way it trades. That is usually a poitive. Retail investors will come in once the stock goes over $2