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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 trader520on Jan 06, 2010 1:43pm
448 Views
Post# 16645265

RE: THE SHARE PRICE--ILLEGAL MANIPULATION?

RE: THE SHARE PRICE--ILLEGAL MANIPULATION?Now all we need is some good pr's and financials to move the s/p.

Having FDA approval is like having a fast car with no gas. Great potential, but no go. Show me your car in motion, and I will become interested. We have FDA approval, but untill some numbers and positive earnings come in, I won't expect a whole lot here. Too big a share float, too many shares changed hands and have been held from the low .20's. If I for one owned shares from the low .20's, I too would sell in the low .30's by this point and run. I see no manipulation here, just a huge float of shares traded well below todays price, causing lotsa people to bail when it goes up.

Hold tight if you are long, once the numbers come in from pennsaid sales in  the US, we will go on a steady uptick. Till then, remember.......stocks are like the city bus; if you don't like the one you are on, then get off and take the next one.

Cheers
Bullboard Posts