Consider this - nvax has more than doubled the 10 day average for daily volumes traded to a rounded up total of 7m/day while maintaining a low beta of 1.07 (for a bio especially). This is in light of the 264m float that takes 37 trading days to turnover in entirety. Now consider the long term holders involved. Hmmmmm someone is definitely playing road games to keep this artificially low. We all know this - just an exercise in logic.
Sentiment: Strong Buy
Nice take. As for the "there's got to be something wrong theorists", you get drops on the lack of good information not when there's a steady stream of great verifiable results. So it has to be a tute shake.
Sentiment: Strong Buy
I put in a buy order every day for a 10 drop and just now started using 9% which filled. I plan on doing this without hesitation until we reach 9.50 but have been buying since the 3's. Hate to admit but have broken one of the fundamentals of investing with 30% here.
Might I remind you that the 10 day average doubled during that 3-4 period when it spiked during the big bio clearing house sale-a-thon. It was during our run of good news followed by the hit piece. So, a 6.5 volume is decent for NVAX. I say keep 'em coming, the cover has begun. Sure we'll see the profit takers but not to worry, I put buy orders in every day for the 10 drops. I'll have my bags packed when the train really leaves.
Good stuff. Don't understand how Mr. Market can continue to ignore the obvious.
I think both of you are right but to explain the congruence of the last month is inconceivable in light of the good news. That's considering a "getting ahead" factor in - as Mainelylobster alluded to.
You are half right in your statement - (The notion that he is going to become some sort of activist specifically on behalf of NVAX is a preposterous fantasy.) Although I haven't DD'ed the Bill and Melinda Foundation enough to know what others they have donated to, I would assume that by virtue of their substantial monetary gift, they or their research team has done theirs (DD), which in itself is a stamp of approval. But as you refer, that is as far as it goes. The science has to continue to show positive results from here on out. And here's some wishful thinking - just maybe their foundation realizes that the fewer hands on the BP cookie jar, the more cookies you get out of it.
They have lost investor confidence. To regain that trust would require the Coury and Bresch's departure which won't happen.
Since you are an admitted trader, TA'er, and are offering a prudent stance, don't you think the most recent action is basing for the next run up?
I sure hope so. I've got my powder ready to go and am in the track stance waiting. I'm buying tomorrw's dip with both hands and feet. One of the best money making stocks I've ever owned. I don't know how many times I've doubled and will again especially in light of the debt reduction and restructuring. Congrats Niagara. Glad someone gets it.
Thanks for the laughs - reminds of the sociopath who was going to get rich by producing a 7 minute abs video to beat the 8 minute one in "There's Something About Mary".
That's what happens to me very time I spout experience. The one I sell goes up 10 and the one I buy goes down. Btw been at this for only 35 years. But I 've gotten way better with my convictions ( college of hard knocks). This is one time it will continue to pay off even in this bear mkt.