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Post by JHam on Nov 14, 2014 7:59:33 GMT
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Post by JHam on Nov 14, 2014 9:33:06 GMT
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Post by RLC on Nov 14, 2014 13:49:19 GMT
Thanks for posting the link JHam! Looks like it's going to open quite a bit higher. Quick question for ya: How much of your investment here is based on the WF10 market study? This was really what got me excited enough to take a small position. Love that they have a fully enrolled Phase 2 trial with Top Line results expected Q1 2015. I'm assuming the results of this BfArM approved study taking place in Germany will carry over to territories such as the U.S.? The BfArm is a very prestigious agency... I'd imagine they're as strict (maybe more so) than the FDA. I really hope this won't require a separate trial overseen by the FDA.
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Post by JHam on Nov 14, 2014 14:34:52 GMT
Thanks for posting the link JHam! Looks like it's going to open quite a bit higher. Quick question for ya: How much of your investment here is based on the WF10 market study? This was really what got me excited enough to take a small position. Love that they have a fully enrolled Phase 2 trial with Top Line results expected Q1 2015. I'm assuming the results of this BfArM approved study taking place in Germany will carry over to territories such as the U.S.? The BfArm is a very prestigious agency... I'd imagine they're as strict (maybe more so) than the FDA. I really hope this won't require a separate trial overseen by the FDA. I would say the reasons for me buying were 50% due to the cash position and 50% due to the expected positive trial results (which means very good potential to capture a nice chunk of that market).
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Post by JHam on Nov 14, 2014 16:52:41 GMT
Just added a big chunk. Higher than I wanted to pay ($6.36), but I still think this a bargain.
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Post by JHam on Nov 16, 2014 1:42:44 GMT
Looks like I bought this directors' shares: tickerreport.com/banking-finance/349097/insider-selling-nuvo-research-director-sells-3846-shares-of-stock-nri/Although he sold more than I bought. These numbers incidentally are in Canadian dollars I believe, which brings me to another question. Nuvo is traded on the TSE under the ticker symbol NRI. There is more liquidity on that exchange and if you look at the Google finance page that is where all the action is happening. So which exchange would be better to own shares of this stock on? Any thoughts?
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Post by RLC on Nov 17, 2014 1:22:25 GMT
Looks like I bought this directors' shares: tickerreport.com/banking-finance/349097/insider-selling-nuvo-research-director-sells-3846-shares-of-stock-nri/Although he sold more than I bought. These numbers incidentally are in Canadian dollars I believe, which brings me to another question. Nuvo is traded on the TSE under the ticker symbol NRI. There is more liquidity on that exchange and if you look at the Google finance page that is where all the action is happening. So which exchange would be better to own shares of this stock on? Any thoughts? I would think owning the shares traded on the Toronto Stock Exchange would be far better, just because of the liquidity (much easier to get in/out at the market price). Otherwise, they should generally trend in an almost identical pattern. Check the 1-year chart attached. This makes me feel much better about this investment though!
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Post by JHam on Nov 17, 2014 15:07:24 GMT
Looks like I bought this directors' shares: tickerreport.com/banking-finance/349097/insider-selling-nuvo-research-director-sells-3846-shares-of-stock-nri/Although he sold more than I bought. These numbers incidentally are in Canadian dollars I believe, which brings me to another question. Nuvo is traded on the TSE under the ticker symbol NRI. There is more liquidity on that exchange and if you look at the Google finance page that is where all the action is happening. So which exchange would be better to own shares of this stock on? Any thoughts? I would think owning the shares traded on the Toronto Stock Exchange would be far better, just because of the liquidity (much easier to get in/out at the market price). Otherwise, they should generally trend in an almost identical pattern. Check the 1-year chart attached. This makes me feel much better about this investment though! Great. I just sold buy NRIFF position to transfer it to NRI (Nuvo on the TSE exchange) only to find out that I can't buy it on TD Ameritrade. My average was $5.29 after adding on Friday, and I sold at $6.43, but just got back in at $6.49. Will continue to average down.
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Post by JHam on Nov 17, 2014 17:17:49 GMT
This is continuing to move up. At $6.57 now. Glad I was able to get back in.
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Post by JHam on Nov 18, 2014 3:04:07 GMT
For what it's worth, both NRI and NRIFF closed up around 4.5% today, with NRI closing slightly (.25%) higher. Hopefully they move together like this always since it seems like a pain to buy shares on the TSE through TD Ameritrade.
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Post by RLC on Nov 18, 2014 5:39:45 GMT
For what it's worth, both NRI and NRIFF closed up around 4.5% today, with NRI closing slightly (.25%) higher. Hopefully they move together like this always since it seems like a pain to buy shares on the TSE through TD Ameritrade. I noticed the same pattern with the 1-year comparison.... NRI up like 320% and NRIFF up 290% or something. I won't complain with a 290% gain Also if you look at the chart, there are a few instances when NRIFF had a higher % gain than NRI... I guess it will just depend on when you sell but I think it's safe to say the NRI shares are the ones any investor would prefer to own. Regardless, I'm killing it with this one right now. I didn't buy enough to want to sell a single share but I'm tempted with almost a 50% gain in like 2-3 weeks! If this gets me a double, I'll probably sell 25% or so and keep the rest until after WF-10 phase 2 TLD.
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Post by RLC on Nov 18, 2014 5:52:03 GMT
I would think owning the shares traded on the Toronto Stock Exchange would be far better, just because of the liquidity (much easier to get in/out at the market price). Otherwise, they should generally trend in an almost identical pattern. Check the 1-year chart attached. This makes me feel much better about this investment though! Great. I just sold buy NRIFF position to transfer it to NRI (Nuvo on the TSE exchange) only to find out that I can't buy it on TD Ameritrade. My average was $5.29 after adding on Friday, and I sold at $6.43, but just got back in at $6.49. Will continue to average down. Good thing it didn't jump away from you. All things considered, a $.06/ loss (< 1%) on a stock this hot is nothing... I've never purchased shares on foreign exchanges (only ADRs traded on US exchanges). I'd be interested to know what's required to do so.
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Post by JHam on Nov 18, 2014 6:08:46 GMT
For what it's worth, both NRI and NRIFF closed up around 4.5% today, with NRI closing slightly (.25%) higher. Hopefully they move together like this always since it seems like a pain to buy shares on the TSE through TD Ameritrade. I noticed the same pattern with the 1-year comparison.... NRI up like 320% and NRIFF up 290% or something. I won't complain with a 290% gain Also if you look at the chart, there are a few instances when NRIFF had a higher % gain than NRI... I guess it will just depend on when you sell but I think it's safe to say the NRI shares are the ones any investor would prefer to own. Regardless, I'm killing it with this one right now. I didn't buy enough to want to sell a single share but I'm tempted with almost a 50% gain in like 2-3 weeks! If this gets me a double, I'll probably sell 25% or so and keep the rest until after WF-10 phase 2 TLD. Smart strategy RLC. Never a bad thing taking profits, especially when up 50%! I sold yesterday with a 22% profit when trying to switch over to NRI. That percentage would have been much higher, but I added a big chunk on Friday when I was up 35% watering down my cost average. Either way, I made a nice chunk of change, but got back in with the same amount of shares at $6.49 (after selling at $6.43). So I am basically right back where I was when I sold, except now I am only up 2% I feel pretty comfortable holding this one through to WF10 P2 results, and maybe even beyond. I just don't see much risk here at this point. If the WF10 results are as good as expected (aligning with the previous smaller study) I'll likely hang onto my core shares for a while, while shaving some off the top.
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Post by JHam on Nov 18, 2014 15:13:30 GMT
Crap well so far today NRI is 3% higher than NRIFF.
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Post by JHam on Nov 19, 2014 0:08:01 GMT
This one keeps chugging along, up another 4+% today, albeit it on anemic volume. NRI was also up 7%, but on double the daily average volume.
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Post by RLC on Nov 19, 2014 20:32:47 GMT
This one keeps chugging along, up another 4+% today, albeit it on anemic volume. NRI was also up 7%, but on double the daily average volume. Not sure what knocked this down today. Easily could be a result of the lack of liquidity. Still happily holding and will likely make another purchase if it drops any lower.
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Post by RLC on Nov 19, 2014 20:35:31 GMT
This one keeps chugging along, up another 4+% today, albeit it on anemic volume. NRI was also up 7%, but on double the daily average volume. Not sure what knocked this down today. Easily could be a result of the lack of liquidity. Still happily holding and will likely make another purchase if it drops any lower. Not lack of liquidity bc NRI is dropping fast too...
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Post by JHam on Nov 20, 2014 4:55:45 GMT
Not sure what knocked this down today. Easily could be a result of the lack of liquidity. Still happily holding and will likely make another purchase if it drops any lower. Not lack of liquidity bc NRI is dropping fast too... Yeah. I am not sure why the reason for the big drop today, but NRIFF also had much higher volume than usual. I too am still planning to hold and average down.
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Post by RLC on Nov 20, 2014 13:58:51 GMT
Not lack of liquidity bc NRI is dropping fast too... Yeah. I am not sure why the reason for the big drop today, but NRIFF also had much higher volume than usual. I too am still planning to hold and average down. Tried to make another purchase in the low $6s yesterday but my order wouldn't go through. Looks like it's setting up for another green day today...hopefully it doesn't hit a wall again!
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Post by JHam on Nov 20, 2014 17:05:23 GMT
Yeah. I am not sure why the reason for the big drop today, but NRIFF also had much higher volume than usual. I too am still planning to hold and average down. Tried to make another purchase in the low $6s yesterday but my order wouldn't go through. Looks like it's setting up for another green day today...hopefully it doesn't hit a wall again! NRI up 11%, NRIFF up about 7%...both are good, but darnit I wish it were easier to buy on the TSE.
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