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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
Post by blackascanbeon Jun 03, 2010 3:35pm
343 Views
Post# 17155900

sleeping Giant

sleeping Giantor sleeping Gnat. I'll go with Giant. The only reason Nuvo is where it is now relates to the FACT that it is owned by Canadian Retail investors. The trouble is that these Canadian retail investors expect other Canadian retail investors to buy their stock. The problem is, the Canadian Retail investor that the Canadian retail investor wants to sell to already owns the stock. How can you own something and then expect to sell it to yourself? See the irony? The American institutional investor is who will ignite this sleeping giant and turn it into something it deserves to be. The stock is also where it is now because of the Canadian retail investor's misunderstanding of the effects a reverse split will have in this case on the share price. Some have sold thinking they will buy back cheaper after the split. Good luck on that thought. 
Bullboard Posts