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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

Post by imatryinon Jun 05, 2018 10:50am
210 Views
Post# 28125780

neither pumper nor basher - just a realist

neither pumper nor basher - just a realistI have no agenda with these comments even though I am sitting on a huge loss and want the SP to go up.  I just read the comments on this board and I shake my head at those that think there is going to be a run.  Not sure if we are seeing the same things?

I see no volume - who wants to buy before a reverse split?  It is ridiculous to assume they won't go through with the RS after the vote.

It is clear from the current limited trading that there are a few traders that are trying to move the momentum in the upward direction, but it isn't working. 1M bid @ $.045 and 4M ask @ $.05.  At this volume, we won't be blowing through that anytime soon.

Short of positive news, this is going nowhere...and even with some news, not sure it would be enough given my comment above about RS.  I call flat or down a bit more.
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