Post by
onions7777 on Sep 08, 2018 7:17am
Digging up info about Frost and the dirty dozen
Mixed feelings about this. Frost charged with Fraud. Opko has 9% ownership in NVCN. They were also found guilty and trading has been halted. This doesn't look good atm especially when NASDAQ is still considering an extension. Reading over last conference call and noticing Fred mention financing will be a challenge going forward a few times.The investors and institutions that were charged were the ones keeping NVCN afloat. I don't know, but In previous experience when fraud and sec investigations are in the news about a company or it's investors nothing good will come of it. I wish you all luck. Great products, management team, and forward vision but I'm out. Already sold 25% of my holdings on Friday and I'm fairly certain the rest wil sold on Monday. Have a great weekend and keep your eye on Monday morning premarket to understand what the big guys are thinking. Any trades under .035USD in premarket will show negative sentiment.