Bullboard - Stock Discussion Forum Neovasc Inc. NVCN

Healthcare Medical Instruments & Supplies

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... see more

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NDAQ:NVCN - Post Discussion

Neovasc Inc. > what the hell is going on

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Post by Sanderz on Apr 30, 2018 2:46pm

what the hell is going on

??????????

what happened to the "turn around" of this company? just diluting a ton of shares and the share price won't go anywhere? How on earth is this supposed to go up with so many outstanding shares? AND, even IF there was a reverse split and we had less shares outstanding, that would still give this even MORE room to go down.

????

164

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Comment by Rick111 on Apr 30, 2018 2:55pm

This company is going to need to release some positive news for it to shake off the downwards trend. Not sure whats going on, could be bots or some sort of systamtic trading, but I really hope its not. I've never seen this before. Aanyways, aren't we suppose to get some news release today?

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Comment by Notafool1 on Apr 30, 2018 3:09pm

Of corse it robot. u never see b4 u have no expeirance. people keep feeding robot dragon. investor make company bankrupt to make $. Fools.

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Comment by imatryin on Apr 30, 2018 3:34pm

Bots for sure. You just have to look at the trading history. Not sure what this means, but 8.16M shares traded today at 3:20 on the TSX. Same thing happened Thursday (8.7M). I can only see the last 50 trades and they are all non-board lot size (under 1000). Anybody's guess as to the purpose?

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Comment by Rick111 on Apr 30, 2018 3:48pm

Relax there Notafool. I meant I've never seen bots last for this long. It's been doing this for weeks. Usually after a while the systematic trading stops and the volume drops. I doubt this company will go bankrupt. Too much money and time spent for them to go under after getting this far. Worst case scenario, I can see the company selling their assets to other companies or merging ...more

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Comment by onions7777 on Apr 30, 2018 4:14pm

If you look on the Nasdaq around 3:20 there was a large sell bringing the price down to .039. This in turn brought the TSX bid price down automatically to .045. The 8M shares that were listed at .05 Bid are not offered any longer and get recorded as volume, it isn't a trade. Same thing happened Thursday. WTF is a robot dragon ????

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