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Bullboard - Stock Discussion Forum 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... see more

NDAQ:NVCN - Post Discussion

Neovasc Inc. > Sold All
View:
Post by Harborfront on Sep 12, 2018 3:21pm

Sold All

This article mentions the 'B' work. I have dealt with companies which filed chapter 12. Its not fun 

I'm out of this company.

https://www.prnewswire.com/news-releases/neovasc-announces-extension-to-regain-compliance-with-nasdaq-minimum-bid-price-rule-300710176.html

GLTA!
Comment by SGordon on Sep 12, 2018 3:49pm
What's your "B" work?? I don't see nothing except a RS on September 21 of 1 for 100.... The only thing we can see, it's the SP going a little bit lower... But for the future it's a good thing!  GL
Comment by logisticstrader on Sep 13, 2018 9:23am
a better position for short sellers.as soon as i break even,i'm out.delisting to pinks would have been better
Comment by Harborfront on Sep 13, 2018 12:13pm
Sorry. Meant 'B' word. Bankruptcy!!! The article clearly mentions it. Anyways. Good luck. I bailed. There is no long term for this company.
Comment by SGordon on Sep 13, 2018 12:44pm
Harborfront.... -First, if you take all articles and what jounalists/analysts say for cash, you are not in the good the sphere!! -Second, when they gonna do the RS they gonna be between 3$-4$ like you say before (think it's you...??) so they gonna have the 1$ required for the Nasdaq. -Third, now the only (almost) thing can happening it's to get good news about court/contracts/partners.. ...more  
Comment by onions7777 on Sep 13, 2018 4:57pm
US price closed at .027 today. That would mean SP of $2.70 after split. By RS date Most likely this will be around .02USD ($2 split price) without news this will get shorted to under .10 again in no time. Company will not hold $1 and above to regain compliance and will be delisted. Company is over and will be selling patents just to keep afloat. All the praying and good intentions won't help ...more  
Comment by SGordon on Sep 13, 2018 5:14pm
Maybe , maybe not!!  Where you see the SP goes to 0,02$US?? You are a seer!? And why they will shorted to 0,10$??? Buy who?? And between 2,50$US and 0,10$US you can count 1 year to do that (without a focking BIG BAD news...). ;)
Comment by onions7777 on Sep 14, 2018 6:08am
Take a look at Hmny,aker,inpx, or any other us stock that has been split and short sold over and over. You'll see, day after reverse split stock will be short sold hard. Will open at ~$2.30 US and will close down 50% or more. Then drop everyday. Off the shelf financing will add another 100 million shares+ to the float almost immediately, and dilution will begin. I guess learning the hard way ...more  
Comment by Ranchero8 on Sep 13, 2018 6:33pm
Onions take a break amigo , and come back in December on this board
Comment by onions7777 on Sep 14, 2018 6:11am
I don't believe this board or stock will be around in December
Comment by logisticstrader on Sep 13, 2018 9:21pm
it would have been better to go to the pinks
Comment by Stonehouse97 on Sep 21, 2018 6:42am
There is nothing to hold the price above a $1 for ten days
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