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Nuvo Pharmaceuticals Inc NRIFF


Primary Symbol: 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 Cdninvstron Feb 07, 2010 3:33pm
321 Views
Post# 16760561

RE: RE: RE: RE: RE: RE: I'll Keep Asking.....

RE: RE: RE: RE: RE: RE: I'll Keep Asking.....Can a penny stock like nuvo be shorted? Is it possible that bondholders will short shares of Nuvo and then convert their bonds to shares in march, thereby covering the short sale?   Will there be undue downward pressure on the share price till the bond redemption date as 25 million more shares could be sold in the open market till march and then covered at 13 cents?? i'de like to hear from the trading pros on this forum about what they expect to happen to the share price from now till bond conversion date. thanks
Bullboard Posts