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Novavax, Inc. Message Board

  • daveatmel daveatmel Aug 23, 2013 12:07 PM Flag

    Bid volume

    Why is the large bid volume not effecting the pps?

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    • Welcome to the most manipulated stock on Wall Street. There is no stock market!

    • I wonder if the market maker is accumulating at the 2.89 level for some one. They can't really seem to find any real sellers???? Pretty much the same action as Wednesday and if the Naz. was not halted yesterday I wonder if the pps action would have been the same. 2.89 - 2.90??????? Just acting like someone doesn't want it to move.??????? I keep waiting for the gap fill to add if it fills.

      By charts the last time NVAX gapped up and ran was mid 2009 and the gap did not fill until early 2010. So it took approx. 7 months to fill. The 3 barrier is proving to be a tough resistance to crack. The last time it broke 3 it ran hard and quick to approx. 6.25 in a couple of months on very strong volume. Neglecting the blow off top up to around 8, then crashed to 2.

      I think NVAX has a stronger footing this time around. However the past does not always predict the future.

    • xcohiba@ameritech.net xcohiba Aug 23, 2013 12:12 PM Flag

      it's a sucker play to entice retail....you see huge bid so you take a crack at buying for a day trade...later in the day, they pull the bids and all the day traders scramble to dump on a Friday afternoon...they take 5 or 6 cents from you and bid it back to last nights's close by the end of the day

 
NVAX
5.4599+0.0199(+0.37%)10:01 AMEST

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