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Bullboard - Stock Discussion Forum 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. see more

OTCQX:MRVFF - Post Discussion

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Post by UglyKidStock on Jan 25, 2021 8:55pm

Buyout?

High volume on increasing share price everyday?   Somebody must of got wind of a $3 buyout or merger deal.  It's the only thing that makes sense.   I'll hold for $3
Comment by ValueCap on Jan 26, 2021 5:58pm
Possibly a tender offer. Maybe Deerfield wants to take the company private 
Comment by lscfa on Jan 26, 2021 6:34pm
Volume is not that much. Maybe a large fund or two is taking a long term position....   Close Prices Last 3 Months Price/volumes not adjusted for restructures Date Ex Sym Open High Low Close Chg Total Vol #Tr Bid Ask T-TSX U-NEO ATS A-Alpha ...more  
Comment by ronz on Jan 26, 2021 7:37pm
Without a doubt the volume isnt that high, but its higher than it typically is. If somebody wants it, they have no choice to go get it because there isnt that much for sale on a regular basis. A lot of people here are holding this stock from much higher levels so this wont get too many excited until it gets much higher than this, but its at least a start!  Im still of the opinion, that this ...more  
Comment by UglyKidStock on Jan 26, 2021 9:50pm
A Million shares traded in January.  Most months are what?  Less than what ? 80,000.    The buyer has to go somewhat slowly as there are not many shares to buy each day.   They managed to get their first million below $2/share from exhausted long timers.   They probably can get another 2 million between $2 and $3 in February before earnings or buyout.   Yes, true ...more  
Comment by ronz on Jan 26, 2021 10:00pm
Wouldn't shock me to see something come out very soon....
Comment by ValueCap on Jan 26, 2021 10:06pm
Around 7x average volume this month versus previous 
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