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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 12:53pm
119 Views
Post# 27860210

RE:RE:RE:RE:This is TOAST

RE:RE:RE:RE:This is TOAST
Barewood wrote: For someone who owns a piece of a company, and that is what you have when you buy stock in a business regardless of the space, you think one would promote or encourage more forward looking share holder attitude! I really don't think, given the volume this stock has been experiencing, that Stockhouse forum participants can inject that much of an impact on this price movement. There are, however, many that come to view what the sentiment is on Boards such as this and are able to pick out some info that may have been overlooked as part of their due diligence. I for one would like to see this Company suceed as their products are well worth it for the Millions who need them!



I don't think posts on here can impact the stock price iether, especially with a ton of shares outstanding. That's besides my point altogether.   I hope this company recovers in a reasonable amount of time.  Doesn't have to be tomorrow or next week, but I wouldn't want to wait years, but that's just me.    I bought in at 10 and 10.5 cents thinking that was the bottom, or near the bottom (This was a couple days ago, after it had already touched down to 4 and 5 cents).  but the charts show consistent downtrending.  So either we are still trending DOWNWARDS (in which case we will end up at a penny), or, a reversal will soon happen.  I'm hoping for a reversal here.

With the company's financial situation being poor, I'm not so convinced.  Something significant has to happen soon.  In hindsight now, maybe I'd feel better if I bought shares in a different company, but I'm in this now.  I believe there CAN be a lot of upside especially at these levels, but it's also possible we get screwed.  

How on EARTH a company with good fundamentals ends up down here is beyond me
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