If what Joe says is true, and NGIO is going to spin shortly to the Naz, that implies a minimum value for NGIO shares of $2. If we buy now, we get .4 shares of NGIO for every share of GNBT. So that again implies at least .80 worth of NGIO at a price of .60... let alone the value of the GNBT share.

So the logical part of my brain says "BUY!!!"

But the complete lack of interest in the stock and the lack of measurable success lately is daunting, so it's very hard to pull the trigger.