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Nuvo Pharmaceuticals Inc MRVFF

Nuvo Pharmaceuticals Inc is a Canadian focused healthcare company doing business as Miravo Healthcare with global reach and a diversified portfolio of commercial products. Its product targets several therapeutic areas, including pain, allergy, and dermatology. The company's strategy is to in-license and acquire growth-oriented, complementary products for Canadian and international markets.


OTCQX:MRVFF - Post by User

Bullboard Posts
Comment by daydream1on May 29, 2009 11:45am
556 Views
Post# 16027313

RE: Close Today

RE: Close Today

In the early trading hours this morning we have seen mainly retail traders and day traders transactions. Around 10:45 we saw some institutional large cross. Same pattern as yesterday. The momentum isl certainly picking-up.

The price has reach the 0.28 top faster than I anticipated but it is still holding. It is taking a breather. 0.28 cent top is easily understood to be motivated by sentiment trading, But any move 2 cents above this top and if combined with other large cross this can be seen as an indication that some news is in the pipe line. If not, at that point NRI should issue a statement of some sort.

Goodluck
D.

Bullboard Posts