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Neovasc Inc. NVCN

Neovasc Inc is a specialty medical device company. It develops, manufactures and markets products for the rapidly growing cardiovascular marketplace. Its products the Neovasc Reducer (Reducer), for the treatment of refractory angina, which is not currently commercially available in the United States and has been commercially available in Europe since 2015, and the Tiara, for the transcatheter treatment of mitral valve disease, which is under clinical investigation in the United States, Canada, Israel and Europe. The company earns revenue from one source, the Reducer.


NDAQ:NVCN - Post by User

Comment by Sanderzon Apr 10, 2018 12:15pm
75 Views
Post# 27859890

RE:RE:This is TOAST

RE:RE:This is TOAST
imatryin wrote: Says the shorter. 

Sanderz wrote: It's too bad such a promising company had to come down to this... R.I.P.





I don't even know how to short a stock, and if I did, I wouldn't short a stock anyway, let alone a stock that's 7 cents.

Did you not look at the chart/price history? From $2.40 this past year, to this level of 7 cents.  IT was even $25+ a few years back if I Remember correctly but I'm not counting that, that was so long ago.

If you look at the chart, this has been trending down consistently.  I'm sure many bought in at much higher levels thinking it was a "good buy", but they didn't think it would continue down even MORE.

I bought a bunch of shares here at 10-ish cents thinking there would be a good upside.  and maybe this will go up a few pennies for a little profit, but overall, this is toast.  why else would it be valued at just a few pennies per share?  
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