DoctorSolar

NanoViricides Reports That It is Financially Sound and is Progressing Towards Initial FDA Submission More exciting news from the lottery ticket stock

Latest from our man Patrick Cox:

NanoViricides Expands On Prior HIVCide Effectiveness Release Potential functional cure for HIV/AIDs folks. Admission price $1.18 per share. Oh and did I mention their platform also has candidates that might provide a cure for ALL of the following: Influenza Rabies Ebola Dengue Herpes We are on sale here and close to the 610 d MA.

We are right on the 610d. MA right now. Thinking of taking a position?

Do you think we are headed back to the Oct 09 lows?

My thoughts exactly!

Posted more for entertainment value than anything else. I'm not entirely sure why I continue to read his stuff. I guess mostly as I find him such a risible character. He has/had a pure hate on for the PMs and was flat out wrong. He also had a hate on for Canadian real estate and has been flat out wrong on that one too. At some point these items will fall of course and no doubt he will then crown himself a genius even though prices are still way above where he original said sell. Following this guys advice so far has been a nasty road to the poor house....

Let's see how Garth's latest advice works out: http://howestreet.com/2011/07/bet/

Silver Market Update

I am amazed that the only post on the silver thread is bearish the same day that we are up over $2. This close above the $38 level seems significant. I think the $43 could easily be hit in August if not before. Time will tell.

Part of me hopes this is true as I have just bought a place. But a larger part of me hopes we see deeper falls so we have fewer people being wage slaves to the banksters. I have kids to think about and hope they don't have to go through the madness of a housing bubble. Is it legal? Can anything be done to stop this kind of thing? I guess there is no way for me to forewarn the potential buyers as I have no way of finding out who they are...

Here's a good example showing how desperate people are getting to sell... A friend has been unable to sell their lovely stone built victorian house for well over a year. They have dropped the price 20% but still no one will buy. They now have one note of interest but they have yet to put in an offer. To try and force their hand the sellers have now got another friend to get a solicitor to put in a note of interest too so they can go to a closing date. A complete shill bidder put there directly by the sellers in an effort to force someone in to bidding on a property. Giving the potential buyer a false sense that other people are interested when in fact no one else is. Completely outrageous behaviour and shows how desperate people are to keep the housing bubble fantasy prices alive. Hmmm where exactly are all these cash rich buyers that are meant to be swooping in to buy these "bargains"? Roll on the rolling eyes...

I viewed a number of nice old main door with garden tenement flats in some very nice areas of Edinburgh a few weeks back. The English old money was out in force viewing these places at the same time. I thought I wouldn't stand a chance of getting any of them so I didn't even bother bidding. Now I see these places are still on the market with prices dropped by 10%. All this talk that we are an island nation with a housing supply issue is certainly not helping prop up prices here. I thought all the cash rich buyers were meant to swoop in and pick up all these "bargains" now. Hmmm that turns out to be complete fantasy. As I posted a few weeks back we are in the process of buying a place just now. Fortunately for us the seller had realised that the housing bubble party was over and cut us an OK deal. We can afford it but I am not daft enough to think I have bought an absolute bargain or that we have reached the bottom. JD I await your rolling eyes emoticon with baited breath...

IKN

And this report from our man Patrick Cox:

NanoViricides Signs Consulting Agreement with BCG for FDA Submission Good to see things are progressing Exciting times ahead CP

My apologies CP. I've been a little caught up with work and buying a house. Yes I know I know UK property is a daft thing to be buying but I've found somewhere we like and can now afford it and its a home for us etc etc... And I can afford to hold on to my holdings in NNVC Anyways thanks for the heads up. I'll catch up on the developments now. Cheers

The June 2011 report can be found here: http://www.nationwide.co.uk/hpi/historical/Jun_2011.pdf The average house price was: £168,205 18 months to go on this bet. What's your thoughts on this one now?

Ross Clark has been pretty good at calling the precious metals market. He thinks we could see a rally out to end of August taking silver back to the $43 level. http://talkdigitalnetwork.com/2011/07/week-money-23/

Nice charts. If I am following the stair stepping pattern correctly then the forecasted August low should be approx £100 higher than the Feb low. The Feb low was £825 so the forthcoming August low would be projected as £925. Thats a tiny 2% drop from here. Is this how you are interpreting it? If not why not? Is it the rising wedge that is of concern? Cheers

<sarcasm>And there was me thinking that all these mega rich foreigners would pile in buying up any and all UK property thus ensuring that this kind of thing did not happen</sarcasm>

Well it all depends on how much traffic this line takes, at what times of day, are there freight train hurtling along at 3am? etc etc I live directly opposite a major railway line and let me tell you it is a nightmare. Not so much due to the noise and rumble of trains but rather the amount of maintenance that goes on mostly scheduled between midnight and 5am. The noise levels are unbelievable. Thank god we are renting as I would not want to live here really long term. The woman downstairs actually went completely doolally recently with lack of sleep.

I wonder how sales are going at the quarter mile development in Edinburgh? I see they are still asking for £400k for a two bed flat! And only require a 5% deposit! http://www.qmile.com/

Err more like debt write off could maybe possibly start as long as a whole bunch of things come to pass :rolleyes:

Their 10 Q is out: http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7627855 So looks like we have another 18 months before we get to file an IND with the FDA... hmmm it's tempting to bail now, focus on gold stocks and come back in a year...