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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
Post by blackascanbeon Aug 26, 2010 10:46am
395 Views
Post# 17385653

final note on the manipulation

final note on the manipulationThe bid is for 293,000 shares at .145 the ask at .15 is for 255,000 shares. Doesn't it strike anyone here as odd, why the seller would hold out for a half cent on a stock that is in a sharp decline, and don't use the stupid argument that half a cent is a big percentage. Investors in Nuvo are not concerned about those kinds of percentages. On the other hand if the buyer were legit wouldn't they step in and grab the offering at .15? The reason they don't is because the buyer and the seller are part of the same group and they are betting that the nervous investors will hit their .145 bid and allow them to accumulate shares cheap.  
Bullboard Posts