"""The loan may be paid this year"""" ROTFLMFAO I can not wait to hear the new loan covenants. 50 per cent dilution if NAVB is lucky.
You just don't get it, do you??????? No one, I mean, NO ONE is going to give 70 million dollars to NAVB without getting a fat kicker. IE a FAT WAD of shares. Then there are the folks that broker the deal. They get a FAT WAD too. The common do not mean #$%$.
What's another 50, 60 70 per cent loss?? You ever consider that a 100 dollar stock dropping to 50 dollars is the same loss as a 50 cent stock dropping to 25. De-Listing announcement next week??
Jesus H Christ, What are you talking about????????? looks more like longs should be desperate. This equity has been doing nothing but a nosedive for months. Stock market has got to crash, it has NEVER done this before and at some point folks will take their money and flee. That doesn't even take into consideration the dilution and delisting that is coming.
What's this WE #$%$"" There is no WE. Just a full employment operation funded by Rubes.
""""But NAVB has 70million in debt.""""" And growing. Not to even mention the new shares to enable the new deal to be consummated. I cannot believe these idiots on this board. NAVB may still have a future but it is absolutely crazy to put money in now. NAVB is headed 100 miles an hour into a brick wall of expense and dilution combined with a hefty market crash. Admittedly one can still lose 100 per cent but I would rather do that buying under 20 cents a share.
""""As soon as new financial terms are announced stock will head back up""""
Really??? Ask yourself, would you put out good money on this company?? Legal fees over the next couple of years are going to be in the millions. Interest on any new loan is going to be 10 million a year. To make a new loan brokers are going to get 15 million new shares and the grantor of any new loan is going to want at least 50 million shares bonus. New revenues are years away guaranteeing losses will continue for at least 4 more years. Look at a chart of the stock market. Ask yourself, Do you REALLY believe that there will not be a crash??????
The really funny thing about longs screaming ""Manipulation, Manipulation"" is that over the last few weeks there have been days with heavy sellin and yet this POS goes up. Albanians???
Will not be a short squeeze. If you are a really lucky short term trader you might get in on 20 percent upside blips but a power SS will not be.