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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 HippygirL74on Nov 05, 2009 1:26pm
453 Views
Post# 16457016

RE: Buy on rumors..Sell on news

RE: Buy on rumors..Sell on newsBuy on rumor and sell on news is true IF the news has a shelf life with no revenues in the near term.  For example, a gold company says that they found huge quantities of gold... but there are no roads and there is no electricity to the area... then reality sets in and the power of the news fades ( the shelf-life). 

Another example is a change in CEO.  So a famous CEO comes in to save a company.  Look at Bell Canada.  Michael Sabia comes in and the sp goes high... but once again, this news had a shelf-life.  And where is the sp now.  Flat lined.

FDA approval and a distribution and marketing plan in place via Covidien is different. 

Okay, i've got my bid in... In honor of Beenthere... hint hint.
Bullboard Posts

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