Nice post. The big volume selling is about over. Volume today is down noticably compared to last two days. It has been a wild ride. Now share price should stabilize around this area. Gradually accumulation will take place as you stated.
I still think the longer term price for this stock considering the 180 million from Barda should be at least 4 dollars and that price will go up as phase 123 results come in if they are positive. They should be positive since NVAX has tested their vaccines on well over 4000 people with good results so far.
The Barda award has materially reduced the risk of owning NVAX. Yet todays price does not seem to reflect that reality. So I strongly believe share price over the next few weeks will rise to over 3 bucks. JMHO.