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Novavax, Inc. Message Board

  • peterahoward@att.net peterahoward Oct 10, 2013 8:20 AM Flag

    My theory about how Lazard probably took us for a ride.

     

    It’s my guess that Lazard may be close to covering the large short position that they most probably created when they broke all the rules and allowed their analyst to know what the investment banking side of the business was doing. Thus, he gave the phony price target of $11.00.
    As is normal, because of the huge fees they received, Lazard were most probably required to support the stock for a period of time. That’s most probably why the stock price took a while to drop. Of course, supporting the stock only required a limited amount of short covering, and at very little cost.
    Once that period of support time expired, they needed to create a run on the stock to cover the remainder of their short position, and the government shutdown gave them the catalyst and the cover they required. Yesterday’s drop in Novavax’s stock price was not in sync with overall market conditions and was further proof of manipulation.
    I believe that we are close to the end of this nonsense, and the price may well, slowly start to recover.

    This topic is deleted.
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