Good evening holders! I have just discovered this stock recently. Here are some of my thoughts:
Good financial health for short term (12-18 month’s worth of cash runaway). Company has unique product in a very broad market. I normally stay away from bio-pharmaceuticals because I am just terrified of yearly losses. However the share price is quite attractive at these levels. Nonetheless, if I do buy at these prices if company would have to liquidate all its assets due to a lawsuit or any other doomsday scenario shareholders would receive probably around $0.09 cents. It would make sense to buy in at closer price than that or at net working capital price per share but it’s nearly impossible these days. Investors, what are your thoughts about future of this company?
I wanted to pick up a big parcel but the volume is so low, it nearly equates to the whole todays trading volume. I would just end up in a loss. Probably good idea to pick up smaller parcels and average. Any thoughts welcomed
NXS Price at posting:
$1.26 Sentiment: None Disclosure: Not Held
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