Fairly Optomistic HereIt seems that most everybody posting is fairly optimistic about NVCN right now. I still haven’t hea4d if anybody had the answer to the question I posted earlier about the unusual trading of this stock, and how a company with nearly 80milln outstanding shares could be trading 200 million shares (or more) in one day? I’ve heard people post saying that Insisders hold 30%, and funds and Institutions hold another 30%, so how could so many shares be trading daily?? That would leave about 40% of the outstanding shares, does that sound about right? And isn’t this a Red Flag for anyone here?
The way this this stock has traded over the last little while, it wouldn’t surprise me if this wasn’t the bottom....
NOT a Basher, as I’ve been accused of before, but actually want to know people’s opinion on what I’ve said. The trading characteristics of this stock has me questioning a number of things, and I just want to know if there are any others with questions.
Thanks