Yep just a bit of short hand typing.I am sure Citi is involved also for their accounts. Just would like to know whom bought all those notes up so quickly. I suspect J.P. and Citi took a big chunk. By closing so quickly......this was set-up before it happened or was announced and ask yourself whom where the insiders privy to the up and coming notes. hmmmm
I understand your side as a trader..........But not all here are traders.....some are investors for the long term......I for one do not have the time at the present to monitor the stock trading through all parts of the day.........I have done my share of buying and selling pieces of NVAX stock here and there over a few years and have managed to accumulate thousands of free shares, now I am an investor of NVAX .......I have also paid very close attention to the fundamentals which are very strong........the quick snap up of the latest structured money. The demand for shares should be obvious. J.P. is extremely greedy, I still stand on the opinion that this latest was structured entirely by J.P. for their greatest benefit and to screw as many retailers as possible. Illegal I am pretty positive that J.P. has been running the pps on non-public information. Perhaps in time the SEC will come down on them like they did Goldman. But I kinda doubt it.
I do suspect one day in the not too distant future a large gap open that will develop into a new 52 week high. If you follow Elliott wave theory a new 52 week low must be achieved before a new 52 week high can be achieved after a break down we are there. When you see the stock move up on heavy volume with no news. You will know J.P. has taken the bridle off. I also suspect J.P. is the heavy shorter but they already have the shares to cover with. This could turn out to be a major short trap for those that don't already have shares to transfer from another account to cover. IMO J.P. is dangerous to the stock market and the economy and all things pertaining to...........They are just too greedy and don't care about anything else..........Brokers gone wild over greed happens everyday. Many names come to mind. IMO if government wants to fix the U.S. the stock market manipulation is a good place to start. I would not be a bit surprised to find out the Hilder Beast shorted the Biotech sector before her comments about Bio.
ouabra45.......The part you are missing about trying to read NVAX charts..............The charts are not real they have been painted by J.P., J.P. has been creating the charts to look the way they want persons like you to read them. NVAX has not been trading on it's own merits since about last Aug. time frame. When J.P. becomes involved a stocks trading pattern goes where they want it to go. There is no T.A. here. I brought that to light sometime ago when I saw the trend break on positive news. These charts have nothing to do with NVAX and all about J.P. and where they will send it in the short term.
Charts and T.A. are great when a stock is not being manipulated. Right now NVAX is very heavily being manipulated. That should be very obvious. In the past several months every piece of positive news or advancements in trials or BLGF cash infusion the stock was sold off. That is where the charts begin to show themselves as false. Then add in all the negatives with Biotech selling off. The Hilder Beast comments just allows J.P. greater control of the charts and pps. Hey the stock might go to 3 and it might go to 30. It all depends upon where J.P. takes it in the short term. In the longer time frame NVAX will trade upon it's own merits, if and when NVAX has positive phase 3 data J.P. will lose control, until then it goes where J.P. sends it.
But think J.P. And Citi started shorting NVAX on non-public information. They knew this was coming because they were part of it behind closed doors, they helped to construct this latest deal, "derivatives", I wonder where that came from..hmmmm . And now they will control all trading in NVAX. I wonder how many shares they have shorted naked? This kind of game needs to come to an end. NVAX is no longer trading on it's own merit. It is trading upon how much money JP.. and Citi can swindle from others. Each time NVAX structures something with J.P.'s involvement, it is almost like doing a deal with the devil.
These most recent events were structured by Citi and J.P., for "their" greatest dollar benefit. They don't care about the science the potential benefits or if it is successful or not, they only care about how much money they can make at any cost. I would not be a bit surprised if discussions started in August time frame, that is when the erratic trading started. And Citi and J.P started shorting heavily and controlling pps, knowing where they were going to take the stock and pps. This type of financial structure is not put together by scientist but by rather by high powered financial institutions for that institution's benefit.
I am not knowledgeable enough to truely understand all of the potential ramifications of such a deal. However it is good to have more cash in the bank to see trials through to completion. As I have stated many times before the pps will go where big money wants it to go while we await trial outcomes. Now we know who the big money controller is. Citi and J.P.
I have dry powder and do intend to add more shares. While we #$%$ ants watch Citi and J.P. run this where ever they want, when ever they want.
Will it draw attention from the SEC, I doubt it. Citi and J.P. will have dotted all i's and crossed all t's. It is a shame that such financial institutions have the power to control a stocks pps movement in the interium. However in the end it will be the science that rules. Citi and J.P will make millions if not billions over their financial structuring deals.
That just may have been the signal we needed to reverse. Time will tell if it is enough to gets shorts to run for cover. IBB bounced about the same time. Need a mkt. reversal.
52 week low ..............good and bad
Hopefully all margin buyers are out. Shorts could push it lower ........... I have dry powder in my pocket ........Biotech Hammered we are just falling along with it. Our 2 phase 3's are funded.............No need for dollar raise..............BARADA ...GATES. ETF's must sell as they fall..........Mutual Bios Scared to death.......Blood in the Streets ...............close to the end....
U R outta here..off to no mans land you go.............To fellow NVAX investors......when clowns like this show up it says one thing.......Somebody wants your shares. And a bottom is near. One of the last acts of a smash the retailer investor and grab their shares. In a way positive when they show up..............their goal is to disrupt the board with useless drip..drip..drip of slime.
Trading 101 correction.........Buy the sell-Offs of companys with money in their pocket....Solid Management that delivers.....Solid Business relationships (Gates..BARADA)......positive phase 2's with phase 3's in process for needed vaccines...FDA Fast Tracks.... To place a bet against The Gates Foundation is not very bright. Don't know about your part of the country........however where I am from I see at the very minimum 5 commercials a day about the importance of vaccinations for multiple indications...............How short are you 3 foot 2 and shrinking or perhaps you work for a firm as a basher.................Watch and learn young one.
If the indexes were not tanking due mostly to China....NVAX would not be dropping....However your stupidity gives me a laugh.
You know this sell-off has absolutely nothing to do with NVAX....This is all about Oil..China...North Korea and the FED...........Most all stocks everywhere are getting hammered....just look at all the indexes.....S&P..NAS..DOW............everything everywhere is breaking support levels
19.76 may well have been the bottom....will be dipping my toe in here soon..........needs to hold that 20 DMA for the week..........that may confirm the bottom is in.
Not to worry if it approaches or gets above 8.25 I will cancel order and enter another order to sell higher. Just watching the charts and volume.......somebody does not want to let NVAX move up yet. Following the trading IMO right now as it has been all algo. computer driven. I think right now the algos. are looking for stops below. As we approach Health Care conference I will change my tactics to follow the present driver of pps. The driver I don't think will jump that high to take out my order. If they do they will yank it right back down...... and I buy back at their lower pps..........they are after cheap shares..not shares that are looking for an 10 -12 % higher than present pps. I have been changing my stratgety as they change theirs always trying to stay 1 step ahead. I have been changing my sell order daily sometimes 2 xs a day. Cancel order at EOD set an new one next morn. They will not get my shares cheap. But I will always apply what little pressure I can.
And today they flipped us the bird.....I would like to see that bird get shoved up their ( ! ). Whomever it is, has had control of NVAX long enough. Yesterday should have flushed the last of real sellers. Bang Bang Shoot the short. All of my shares now have a sell order in at 8.75..My shares are not able to be barrowed. As NVAX approaches 8.75 I will increase my sell order $ amount. And I thank you for the 7.83 fill coming off the 2nd leg of the W. You are not getting my shares cheap.......If they want'em thay will have to pay up.
Notice the ......W..... formed yesterday and we held the 50 DSMA... to me good sign. Looked like there was a buyer that stepped in close to the 50 DSMA. If we hold that it will be a higher low.....Keeping the Ascending Triangle (Pennant) intact. The controller is trying their best to hold off the 8.75 breach...which is just about where the 100 DSMA is. With Health Care Conf. right around the corner........there is a high probability for a 20 + % explosion to the upside.
But as always this goes where the big dollars want it to go. I would like to see a major short squeeze and crush the shorting controller. But that controller just might be the one who is naked shorting. I have my guess just whom that might be.
Not a good idea to buy into a stock based upon buy out. When company has stated they are out to go it alone. Presently being manipulated to get persons like you out. So just sell go away and don't look back. Last year was a very compelling and positive year. NVAX much stronger in data and dollars than this time last year. Is all one has to do is pay attention to how it gets taken down on low volume. Shorts want your shares.