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DoctorSolar

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  1. An unexpected turn of events means I now have a significant sum of cash in GBP. I have a solid core position in Gold but this weakness just screams buy! None of this waiting for a further dip which might not materialise. Remember when gold was done at 950USD? ;) I am starting to buy more here right now. Pyramid buying a la Stewart Thomson:

     

    Gold Battlefield: Think Less. Buy More

     

    the buying weakness and selling strength in a pyramid formation, and no gold writer can compete with that when they begin to execute on the strategy repeatedly

     

    9. Your only proven-over-time market weapon, is to buy weakness and sell strength. If you are a gold player, well, as the Brain said to me yesterday, "gold price weakness here is a gift to you from the gold gods." Take it.

     

    10. The problem with the idea of trying to pick the bottom of the gold correction is that the gold-negative news accelerates in volume along with price.

     

    11. Therefore, if price did fall down to your targeted buy point, you may or may not be emotionally capable of executing your buy orders. Worse, what if gold fails to fall to your buy point and then turns up and goes to 1400 or higher, how will you feel?

     

    12. If you can't buy any gold now, but you felt you were missing out at gold 1225 and silver 19.50, my suggestion is to take immediate action on the buy side. Not a price plop, but you have to step up to the buy plate here with something.

     

    Even our dear friend Bob Hoye seems to agree with me:

     

    Gold and the US Dollar Index

    A corrective rally in the Dollar Index to 76.90 should offer a buying opportunity in gold.
  2. On friday our man allallan had the following to say:

     

    NNVC price today is acting like either no one cares about their release of FLUCIDE test results, or, no one knows about it, yet.

     

    On the latter, that will be fixed by a Monday PR (hopefully). If that is indeed the reason, then a 10% or better gain is being handed out for the asking with share price at 90 cents or less, today.

     

    Well we got out press release and share dropped 7.5%! :blink:

     

    Ah well such is the way these tiny nano tech stocks on OTCBB :rolleyes:

  3. NanoViricides Presents FluCide Animal Study Data at Influenza Congress - Now Improved Substantially and Vastly Superior to Current Treatment

     

    Press Release

    Source: NanoViricides, Inc.

    On 7:00 am EST, Monday November 23, 2009

     

    WEST HAVEN, Conn.--(BUSINESS WIRE)--NanoViricides, Inc. (OTC BB: NNVC.OB) announced today that Dr. Eugene Seymour, MD MPH, CEO of the Company, presented lifetime data from the recent FluCide™ animal study on November 19th at the Influenza Congress USA 2009 in Washington

    , DC (www.terrapinn.com/usaflu). These data clearly established that the new version of FluCide™ is superior to the older version. The data also showed extremely large survival lifetime improvement compared to an extended therapy using oseltamivir (Tamiflu® Roche).

     

    Dr. Diwan gave a description of the nanomedicine technology on which the Company’s product platform is based. He then went on to discuss the successful development of several drug candidates in a relatively short timeframe and with very small R&D expenditures that NanoViricides Inc. has been able to achieve. “Our achievements have clearly demonstrated that we can develop drug candidates against new virus targets very quickly,” he said. He explained that the multi-point binding of a nanoviricide™, enabled by the underlying TheraCour® polymer, results in a nanoscale “velcro” or zipper-like effect. This allows the Company to employ virus-binding ligands with relatively low affinities successfully. “Other drug development approaches require discovery of antibodies or chemicals with very high affinities, sub-micromolar or better, which takes a lot of time and money,” he said, adding, “In contrast, our technology allows us to use mimics of the natural and conserved binding sites of the viruses. This allows rapid development. Also, it means that a virus is far less likely to escape a nanoviricide compared to its escape rate against a highly specific drug discovered using a conventional methodology.”

     

    The recent animal study of FluCide was conducted using the same total lethality protocol employed in previous influenza studies by the Company. The new version of FluCide drug candidate extended the lifespan of lethally infected mice to 334±11 hrs (or 14 days) on average. In contrast, mice treated with an extended oseltamivir protocol survived for 193±3 hrs (or 8 days) on average. Control infected mice survived for only 121±2 hrs (or 5 days). FluCide was given as an IV injection, on alternate days, for five treatments. Oseltamivir was given as oral, twice daily, each at 20mg/kg through life (or 14 treatments). Previously, oseltamivir given using the customary protocol of oral, twice daily, each at 20mg/kg for 4 days (8 treatments), has produced a survival time of 151±1 hrs (or 6.3 days) in this model. Several additional parameters have been evaluated in this study. The Company expects to analyze the data from these additional parameters as they are received in the near future.

     

    The Company believes that the lifetime data demonstrate an unquestionable superiority of the FluCide drug candidate compared to current drugs, and establish it as a viable therapy against influenza. We believe that FluCide is likely the most effective drug candidate in development against influenza, based on these results.

     

    The studies were conducted by Dr. Krishna Menon, PhD, VMD, MRCS, at KARD Scientific, MA. One million virus particles of Influenza A Strain A/WS/33 (H1N1) were aspirated directly into the lungs of mice. A repeat “booster” infection was performed at 22 hrs. This is a highly lethal model, allowing the survival lifetimes to be directly used for rank ordering of efficacy of drug candidates.

     

    The Company has previously shown that a previous version of the FluCide drug candidate was highly effective against two different clades of the H5N1 bird flu virus, in addition to being highly effective against H1N1 in the mouse model. The Company has recently improved the FluCide drug candidate, creating what it believes to be a single drug candidate against all forms of influenza. The Company believes that the data we presented at the Influenza Conference establish this pan-influenza drug candidate as a leading anti-influenza drug in development.

  4. Bother :(:lol: Still watching!

    AllAllan reckons there is at least 10% ready to be taken right now if you get in at the open assuming the share opens at 90cents.

     

    NNVC price today is acting like either no one cares about their release of FLUCIDE test results, or, no one knows about it, yet.

     

    On the latter, that will be fixed by a Monday PR (hopefully). If that is indeed the reason, then a 10% or better gain is being handed out for the asking with share price at 90 cents or less, today.

     

    Still time to get on board :) I worked as a research scientist for big pharma and as an academic and let me tell you this is getting extremely exciting.

     

    I highly recommend that everyone bookmark and follow the thread on NNVC at iHub. I've become so close to the company that most of everything I post about NanoViricides, outside of my charts, I must copy and paste from already public information. iHub posters will always be first to know and first to understand the significance of upcoming developments. After five minutes of reading posts there, it will become clear which posters are aboard the runaway train.
  5. Why on earth these guys find it impossible to update their own website with these press releases is beyond me!

     

    Well it looks like someone at NNVC finally realised they need to revamp the site :)

     

    Note that he also hopes to some produce a youtube video presentation. A new NNVC web site is also expected to be unveiled shortly.

     

    If they don't produce any new info at these conferences I think we could see a sell off. Price will most likely remain firm until then.

     

    Well it looks like the press release due on Monday may well boost the price up over a dollar :)

    HSGI could be bougth for 0.45USD mid-march.. it is now comfortably over 20USD!

    If NNVC can get these results moving it could be quite a ride.

     

    Back from the Influenza conference (Dr. Seymour kindly arranged for me to attend the session). This was short (only 10 mins. per presenter) but great new results on the new FluCide (this will be PR'd on Monday). During the break, Dr. Seymour also took the time to put together a full set of slides that I will shortly share here. Below a couple of them that illustrates results from the original FluCide and the new version (11/18/2009).

     

    To summarize, the control group has a survival rate of around 120hrs in both studies, the Oseltamivir (Tamiflu) 151 hrs in the first study and 192hrs in the latest (not sure where the difference comes from), and Flucide went from 191 hrs (already superior to Tamiflu) to a stunning 333hrs (over 55% improvement). What is not in the slides is that this was tested in over 2000 animals and no side effects where detected. Also, notice that the treatment consisted in 5 doses of FluCide vs 14 doses of Oseltamivir.

     

    Interesting fact that I did not realize before is that the viricides are very stable at room temperature (third slide below). The story is that Dr. Diwan has been keeping viricides in his car glove compartment for a couple of years now

     

    Besides this, I also had very pleasant and educational conversation with Dr.Diwan who confirmed my confidence in the company.

     

     

    Quotes taken from: http://allallan.blogspot.com/2009/11/nnvc.html

  6. Anyone thinking of selling some in this rally?

    Well I certainly wouldn't go selling a core position or anything like that.

     

    A massive thanks to cgnao, G0ldfinger, frizzers, Dr Bubb et al who all got me on to the Gold rocket early. For any small retail investor who is trying maintain his/her standard of living I would say trying to time or trade this market is unwise. If the last 12 months have taught us anything it is that buy and hold is most certainly NOT dead where gold is concerned. Those who tried to get clever trading into USD waiting for "the dip" have just missed out on the last 15-20% move by being unimpressed.

     

    Psychologically its difficult but keep accumulating even at these all time highs!

  7. I'm sure you'll see those prices again...this stock is very volatile with a lot of manipulation.

     

    A couple of conference appearances seem to be keeping the stock price up for now:

     

    NanoViricides, Inc. to Present at the Nano and Green Tech 2009

     

    http://www.tradingmarkets.com/.site/news/S...20News/2655206/

     

    NanoViricides, Inc. to Present Anti-Influenza Drug Candidate FluCide Studies at the Influenza Congress 2009

     

    http://finance.yahoo.com/news/NanoViricide...ml?x=0&.v=1

     

    Why on earth these guys find it impossible to update their own website with these press releases is beyond me!

     

    If they don't produce any new info at these conferences I think we could see a sell off. Price will most likely remain firm until then.

     

  8. $1129 Now.

    Well I think a massive lesson has just been made here. IF you are looking at investing in gold as a means to preserve your wealth and do not have a sizable core position already DO NOT TRY TO TIME THIS MARKET! The price of gold back in May through August was a gift from god and perhaps one of the last great opportunities to load up at sub £600.

     

    All through that time we had various theories as to why gold was going to dip below £500 or even go to £400. We are now just 4% off the all time high in GBP!!!

  9. Potential Troubles for the Euro? - the Euro is 51% of USD, the trade-weight Dollar's basket

    Goodness me... the Euro is in trouble.

    The USD may be due a bounce but is in trouble too.

    The pound sterling? lets not even go there!

    Which currency out there is a true store of value then?

    Or do we have to all stay nibble and be part-time FX traders?

     

    Is it any wonder folks are buying gold?

  10. At some point the investors will see there is no value in holding gold and they will sell to buy something useful which could be plastic or whatever is useful to them. Meanwhile other investors are investing in plastic already

    From:

     

    The older man is telling Benjamin that there is a great future in the plastics industry. It's funny as the man is taking himself far too seriously and as Benjamin's reaction shows, being rather ridiculous.

     

    Plastics represents everything that's fake in the world, everything the main character hates and wants to get away from.
  11. He is still picking, isn't he?

    Sadly yes. Perhaps he should listen to what Stewart Thomson of Graceland Updates has to say:

     

    Many of you, despite watching gold soar $200, are STILL caught up in calling a top. Gold is going to THOUSANDS of dollars an ounce and you will make ZERO by the end of this bull mkt if you keep up those ACTIONS. You could actually arrive at gold $2000 a gold LOSER. CHANGE YOUR WAYS NOW. IT’S NOT TOO LATE, NOT AT ALL.
  12. Yes, I think the more rational commentators on gold are advocating having a good position in gold without going in 100%.

     

    Does Bill Bonner advocate "all in". That would surprise me.

     

    If someone was in 100% GBP, they should consider that any currency can buckle under debt loads and capital flight [even if they are not concerned about inflation]. If they had no gold, they shouldn't be waiting for a dip... or be a "perma gold dip waiter" but should buy as the risk for them is the gold price could just keep going up.

     

    If they had say one solid foot in, perhaps it would be best to convert some pounds to dollars of Yen to cover the risk of a dip [the idea here is to eventually be in 100% but only at the best price.... the obvious risk here is that gold continues to the upside and doesn't [unlikely but possible imo].

     

    I hope you can appreciate that I am not beraish on gold but am saying that whether or not one buys here depends on the position they currenntly have, or do not have. It also depends on the macro beliefs one is persuaded by.

     

    I think we are basically on the same page here RH. I can see the rationale behind your approach and fair play to you.

     

    The main difference between our two approaches I can see is I decided not to diversify in to other currencies and eventually be in 100% but only at the best price. I decided to build a position by buying each and every week with GBP regardless of price. Both valid approaches. Would be interesting to see which approach would have netted the most gold today starting from May.

  13. Gold Is Going To Suffer A Serious Correction In Dollar Terms

    By Derek Blain on November 5, 2009

     

    Gold is going to suffer a serious correction in dollar terms. Greater than the one that occurred last fall, as this positive sentiment must be wound out. Dare I call these new highs in gold “malinvestment” as I would real estate? I certainly will, though even I cringe as I type the word. Malinvestment has to do with expectation and intent - those buying gold now have the same expectations of gold they did of real estate in 2006, that it will continue to go up.

     

    But we will be watching our dear metals. I am no gold-bull, but a gold-bug. And when gold really IS the best store of value you can bet the farm that I will be a buyer. Today, though, it is not - too many speculators have sucked the value out of it. Once they are gone my bull-flag will be back up, and up long-term.

     

    Until then, stay the course and protect your hard-earned savings, dear readers. The time to be bullish on the metals is not far at hand. It is just not today.

     

    http://www.dailymarkets.com/contributor/20...n-dollar-terms/

     

    Thanks for posting and before I give my response yes i do think it is important to hear range of opinions and no i do not necessarily think you hold the same opinion as the writer in the article...

     

    So lets dissect the writers thinking a little. He thinks gold is overdue a correction. At some point in the future he will most likely be a buyer of gold when he reckons it is the best store of value. So we have yet another gold bottom picker who will wait and wait till we get a correction before buying. But what if we shoot off to 1350 USD from here. A healthy 10% pull back brings us to 1215 USD a clear 10% + higher than where we are today! As our dear Hugh Hendry said "monkeys pick bottoms" :lol:

     

    I don't think it is too much of a stretch to say he thinks ultimately gold will go higher in nominal terms than it is today. Is it really malinvestment to buy gold today then? I dont think so certainly if you have no gold exposure yet. As i keep saying ad nauseam average small investors should really start building a core position NOW if they haven't done so already. Once a core position is built and someone feels they want to play the market fine by me. I just think it is way too risky to try and time this thing thinking you can get your core at rock bottom prices. Average in and then you might be able to take advantage of such an opportunity.

  14. So I'd be right to assume you are not 100% "all in"

     

    Correct

     

    and keeping some serious powder dry in the event of a dip?

     

    No mostly keeping some as the rest of my family don't feel comfortable with an all in position and I have to respect that

     

    Also, would you agree that keeping dry powder is [in the right currency] is not trading?

     

    Yes this would be diversifying.

     

    I mean, wouldn't you agree it is fair to say that only gold bugs perma gold bulls would be 100% in bullion now ...most likely due to the belief that all fiat will soon be toasted?

     

    No. I think it is quite possible for a calm rational person to come to the same conclusion as Bill Bonner and think anything other than gold seems risky including other currencies due to government policy risk. Fair play to them.

     

    I know some who were "waiting for the dip" that was "just around the corner" when gold was at 565 GBP a few months back. At some point you have to acknowledge the dip and get in otherwise you are a "perma gold dip waiter" :lol:

     

    A lot of people will be 100% in GBP right now. Does that make them perma GBP bulls?

     

  15. Anyway, this might be besides the point for the die-hard gold bug [no offence intended] as they will keep the faith and weather the storm, though this might not be so easy to newbies to the game.

    Just to be absolutely clear on this I do not consider myself a "die-hard gold bug". I hold gold through the ups and downs for the same reason many of us small retail investors do namely we don't have enough time on our hands to monitor the markets and are perhaps therefore not nimble enough to benefit from trading swings. We want something that on the balance of probabilities looks like a low risk way of preserving what we have. Can anyone suggest anything else other than gold that on the balance of probabilities will perform this role for the time strapped investor?

     

    Swings back and forth will always shake out the weak hands many of whom may be "newbies" but thats always been the case.

  16. The point that gold prices may go either up or down similtaneously, depending on the currency, is an important one and has not been much discussed here.

    Yeah I thought about that one long and hard and from an investors point of view I came to the same conclusion Bill Bonner did, namely that anything other than gold just seems too risky. Sure there will be ups and downs and gold may not do terrifically well in certain currencies for the time being but ultimately in the longer run I believe gold will appreciate in all currencies. The reason being the visible rush to the bottom, and the feeling that if we do get another stock market crash the governments of the world will start employing even more crazy fiscal policy.

  17. Roubini's view from seekingalpha. He believes gold (and other commodities) are due for a correction:

     

    http://seekingalpha.com/article/171919-rou...or-a-correction

    Thanks for posting. Anyone know what Roubini's track record on gold has been like?

     

    So we don't have Armageddon; we don't have inflation, so gold can maybe go slightly higher. But those people who delude themselves that gold can go to $1,500 or $2,000 are just talking nonsense. The fundamentals are not justified, and those people are just talking their books.

     

    Pretty bold statement from Roubini as he doesn't grapple with:

     

    i) the idea that gold is being monetized. Other things will deflate against gold including other currencies

    ii) the race to the bottom between currencies

    iii) quantitative easing

    iv) why precisely are central banks diversifying their foreign reserves? if adding gold adds stability its a sign of monetization why not discuss that?

     

    and so on.

  18. Did you read this article properly RH? He's warning not to pile in now if you haven't got any/missed out. Have you read any of his other articles? I'd say you've totally got the wrong end of the stick in your call on Steve Thomson's strategy and approach. The guy is pro-gold but very cautious in how he trades. Take another look - you can check out plenty of his stuff at 321gold and his website.

    Yep I got the wrong end of the stick with this guy at first too. But I spent time and actually read his stuff fully now I get it and really like what he is doing. His hyperbole is clearly just that and it should be obvious to most readers that he knows he is using hyperbole. He obviously has a great way with words and if he can make me laugh and have fun while i am investing then that approach works for me just great. As I said at least if he is wrong i got some comedy genius entertainment out of it :lol:

  19. To be honest, I am not quite sure what to think of this one:

     

    "7. This is the gold rapture."

     

    I'll say it again, he sure is flying high! :lol:

     

    With this guy you just have to understand his verbal style. He is prone to hyperbole but once you know that and understand that he uses that to comic effect you get the picture. He most certainly does not think gold will go up in a straight line and says as much.

     

    Here's the problem as I see it. If you think the price can only explode to the upside imminently, then this will have the effect of you immediately valuing your money a lot less. You will then want to spend/ invest all of it at once in a rush to gold. This is hardly observing the basic priciples of investment, where one is rational, unemotional and unrushed in their decisions [strategic and warlike... thinking Art of War here]. Need I add hedged? :)

     

    If you had actually read the whole article you would have noticed he went on to say:

     

    So the tactics for traders and investors are the same. Wait. Don't join all the idiots madly buying this price strength. If you failed to buy at 680, 905, and other key lows, don't buy now. Now you say, "Stewart, I'm a human being, I just gotta get in on this. I'm like a drug addict looking at this strength, I can't sit here and watch, I need a fix!" Well, slow down and think

     

  20. etc continued here on 321gold.

     

    The bug's flying high... and can't see the trees for the woods.

     

    Nnnnnyyyyooowwww.... splat :lol:

    Aw come on RH I think this guy is rather good. The first stuff I read by him turned me off but now I understand his approach better. He is very clear to people that they need to decide if they are a trader or an investor.

     

    If you are a long term investor, the strategy now is to sit there in the corner and wait. Wait for much higher prices before selling anything. You need to decide who you are, where you sit on the investor-trader scale. Investors want to become traders on severe price weakness, and traders want to become investors into great strength like we have now. If you are a trader, selling now is as hard as buying at 905 and 680 was. It has to be done if you want to act professionally.

     

    And in any case if he is wrong at least you will have had a good old laugh reading his material. This guy is comedy genius.

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