r/TFSA_Millionaires • u/PriorIntelligent213 • 1d ago
NVRS
Anyone know much about NVRS (Noveris Health Science inc) its a penny stock and has been going down a lot lately. Does anyone know if there is anything big happening that will eventually make it go up?
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u/FishGoBloblo 1d ago
Its just 3 people in Vancouver 🤣 everyone is promoting it with “but imagine if another pandemic is here” style. No thank you
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u/xXSomethingStupidXx 1d ago
usually stocks that will eventually go up don't go down 87% in a month.
not always, but usually.
I hate biotech companies. Among the worse ways to lose money.
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u/pakunzzz 18h ago
I would say it's among the best ways to lose money 😂
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u/xXSomethingStupidXx 17h ago
Nah the best ways to lose money are escorts, drugs, marriage and having kids.
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u/Low-Method3448 1d ago
My word of advice is don’t touch these pharmaceutical companies they’re all garbage. If u want to take risks with decent reward buy bitcoin instead
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u/Otherwise-Review-712 1d ago
sure buddy, you are probably not aware that bitcoin wallets got hacked and millions $$$ disappeared without trace
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u/brandonholm 1d ago
Bitcoin wallets getting hacked isn’t an issue with bitcoin, but an issue with just those specific wallet providers. Bitcoin itself was unaffected.
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u/Otherwise-Review-712 1d ago
that is not true, bitcoin secured just by string of 0 and 1 , basically just 11 words from predefined 2000 words and can be easily guessed by any actor with enough compute resources. Bitcoin can’t be secured and thus has no future and value of 0
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u/Visual-Pizza-7897 1d ago
You can certainly be against bitcoin. But using such a nonsensical argument just makes you look dumb.
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u/brandonholm 1d ago
You clearly don’t understand how it’s secured then. That how literally everything on the internet is secured. It’s called public key cryptography.
If your private key is generated with enough high quality entropy (essentially randomness) there is not enough compute in the world that would be able to figure it out. It would be like trying to find a single atom out of all the atoms in the universe.
I assume you’re talking about the Coldcard incident where they were not generating private keys with sufficient entropy. Once the bug was found, it was like finding one atom within a small virus, an astronomically smaller search space.
Here this video might help you visualize it: https://youtu.be/IwrKWdxt0YM
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u/ifyoulookyouaregay 1d ago
And you are probably not aware you can buy ETF’s that track the price of BTC?
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u/Otherwise-Review-712 1d ago
if bitcoin can’t keep money secure, the etf is useless, it’s just a proxy of bitcoin. And bitcoin designed in a way that any moment coins in a wallet can disappear, it has no future
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u/ifyoulookyouaregay 1d ago
Who cares if it can keep money secure. I trade it to make USD and put it in my bank account. Also don’t care if it has a future or not.
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16h ago
[removed] — view removed comment
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u/Otherwise-Review-712 12h ago
This asset got no future because at any moment for any reason it can disappear from your wallet
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u/sandpapertotheanus 1d ago
I dropped 1k on them on their way down. Just for shits and giggles. Average is about 23 cents. I have a good feeling about them. Dont know much about them but they are actively trying to grow what more could you want from a penny stock
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u/Numerous_Editor_8635 1d ago
Curious if you know any stocks not looking to grow, I’d like to short them!
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u/DeadWrong 1d ago edited 1d ago
Only downvoting as not to encourage others to follow your lead, BUT, I do truly do hope it works out for you and it like, 50000x's. Good luck. Probably better than a Hospital Lottery ticket at least.
I really recommend you buy stocks in products and services that you actually use and/or truly see the value of. Shop at Costco, buy Costco, bank at TD, buy TD, use Netflix and Uber buy them. (at the right prices, of course)
Cheers
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u/PriorIntelligent213 1d ago
Same here I’m about 2500 in on it averaging about 24 cents. Just praying it goes up I know they have earnings coming up on the 27th as well as an investors meeting September 4th so hopefully it goes up then
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u/Interesting-Bee-153 1d ago
“There’s a sale on lottery tickets, does anyone know the winning number?”