Going into the long weekend, I think you got to have $NNVC on your radar. Nanoviricides, ticker symbol NNVC, is the leader when it comes to the COVID-19, aka the corona virus stocks. Similar to how bitcoin is the leader for Alt. Coins. NNVC was the first to move, and move bigly. The other virus stocks take cues from NNVC.
We basically have proof that China is lying on the number of people infected by this virus. We also have confirmation that the virus can be spread without showing symptoms. Either this COVID-19 is “Just the flu” or something worse. The action in stocks today said that this is “just the flu”.
We will know soon how serious this is, likely by the time we come back on Tuesday. While we wait, I’ll be hiding out in $NNVC.
Under $7, and the trade likely becomes a bust. Make sure you have your stops in place and plans for position sizing should we get another stock offering, diluting shares.If you enjoy the content at iBankCoin, please follow us on Twitter