You are not even right about earnings.......there will be No earnings..........But I betcha they have a whole lota cash in the bank for trials and progress towards getting product to market. And there won't be another dilution for a many quarters to come. You should check your shorts they just might be dirty. For someone new to the board I doubt you even have knowledge what is going on here.
Yep re-collect some of what they sold.........At least not as blatent as the Russ. "Thugs" and shorters. At least that is behind us now. We will know perhaps by EOD if the bottom is in ???????
lucki............I am guessing perhaps short covering for positions taken before Russ. re-balance and accum. pps jumping up and down. If we can get thru 8 I think positive sign.
There is an old saying that goes something like this. When elephants battle the ants get trampled. IMO if watching charts Nas, IBB for this stock. This week was good and bad. The Good Russ. shares locked, May 7 potential good solid news. The bad shorts knowing the re-balance and have shorted heavy I am thinking naked short, they will try to push this down as low as they can. As mentioned earlier by other Instys. , lightning up now have more cash on hand. The real question do those Long Tutes turn the tables and take control? IMO charts destroyed and now we are going to be stuck with trading with the major indexes. Many big money shorts are like vampires not satisfied with some blood they want it all. And the supposed watch dog (SEC) turning their head to obvious manipulation. So where do we go from here ...I think in the longer term up. In the short term we go where they take us. I have cash and when I see a turn I will buy back trading shares. Until then I watch. Don't care about catching the bottom of a correction. Just waiting for confirmation of a turn, yea I may miss a powerful move but that is why I hold core shares.
charlie......IMO the market "thugs" as stated by others are working the market over big time. IMO at this point and time anything you see is all 100% manipulated and does not reflect truely fair trading activity. This is the time big money is out to "SCW" retail. The SEC turns their heads at this type of activity "market - stock manipulation". Every now and then they will grab a scape goat. It is my opinion this is all due to Russ. re-balance. I really don't think NVAX will see any fair market trading until they are finished. Then perhaps we get back to the MM creating a fair tradeable market. These guys and gals are just going to play with themselves until they get off. I think next week will be more realistic trading. Right now is all one can do is sit back and laugh at the blatent manipulation and the blind eye of the SEC, as they the SEC is too busy watching porn on our tax dollar. They might give a nice entry point, we will see what they do.
Crooked yea but I have managed to do well here I have my core which is well up over 200% and have traded shares in and out, working on free shares. When an unsubstainable run happens I sell some. Sell when everyone is buying and buy when then are selling. Pending upon what my numbers tell me. Then wait until another opportunity to buy back trading shares. I like you get frustrated when I see the BS that has been going on. Recently bought some trading shares at 8.20. When my numbers showed what they were up to I sold for a slight trading cost loss my predictive numbers for support failed, when my pred. support fails I sell. I am a little bit ahead of them with the mathematical model I developed. At least it forwarns me what they are up to. The advantage we have is we can move light of foot and quickly with a few K shares. They are after 100s of Ks. So they must use trickery. They won't get my core they can have my trading shares I'll take the few penny loss and wait. Just like a Bow Hunter, if you know where you sit they will come.
Sitting on cores from the 2s and 3s and having them paid for no pain here just frustrated that they can legally get away with what they are up to.
I wonder how much this MM makes for one side trades? So obvious. Sold trading shares at break even today. I am stepping out of the way while these guys play their games. 10K buy won't move the pps but a 100 share sell will drop it a penny. I wonder how many shares they picked up today? And they call this a fair market. When the MM is supposed to create a fair bid - ask, then they trade it under. Perhaps his buyer has a big wang and the MM loves it. Too bad the SEC won't stand up to this type of activity.
Because they want retail shares just as cheap as they can get them. Trading at 8 below bid - ask but won't fill my order.........Whats that tell ya........Market Thieves!!!!!! and the SEC allows it. How low they take it depends upon how many retail shares they can get to puke up. My guess when they realize there are no more shares to get they let it up. Right now there is no institutional funds willing to battle with this controller......So to me suggests Russ. in control. But that is only a guess on my part.
MTW........ I am not a day trader.so I have no answer. One thing for sure is the stock is under control by big money right now. I just watch all of the trading going on below the bid - ask, is it the MM ? They are probably involved in one way or another. Legal or illegal does not matter as the SEC allows it. If I were to guess Russ. rebalancing is controlliong the trading and they are going to try and get as many retail shares as cheap as they can get. I don't think anyone knows for sure when news will come. After the Offering I thought for sure NVAX had solid news to release. But that has proven not to be the case. NVAX BOD are the only ones that have a reasonable prediction of when they will release news. When big money deceides they are going to control the trading IMO charts are about useless as they (big money) make the charts appear as they wish them to look. There are some general guid lines one can look for support resistance levels, but again big money knows in the end what they are going to do and we don't. IMO one of the many reasons many persons have stepped away from the mkt. Controlled trading by big money. As stated before I was looking at support at 8.20 ...8...7.80..7.25...however that is useless when you have this type of trading. One reason I buy in pieces, and try to buy what I see as support levels. Market thieves taking advantage and painting the chart to look the way they want it to look.
Absolutely why support a level when you want to buy....forgot about that gap. IMO most new retail has been flushed. Now strictly big money controlling. But that is the way it always is.
pat...............forgot about Russ. rebalance..........In your thoughts and charts do you think the Russ. rebalance has contributed as a major cause for most recent down trending. My charting suggested support at 8.24 ish area. What I see as supports 8.20.......8.0........7.80.....7.25 - 7.40 a gift. I hold my core and buy trading shares. I have just recently started adding trading shares. Never ever add all at once. I prefer to piece meal it...don't much care about trading fees..they are but a fraction of cost. I also don't like all of the trading below bid - ask...to me suggests it is being worked over to get retail shares.
pat...............What do you contribute the decaying chart to. Ideas The Fed looming rate increase, Takling Heads about Bio Bubble, NVAX overbought, Secondary, non-closure of the 7.80 gap, or perhaps never seeing 7.25 after the PO. , a shake down, Institutions trimming, lack of follow up news about ebola, shorts re-positioning, the 7.25 PO buyers selling or trimming position??. A piece of all above??. Just curious as to your thoughts about the reasoning of the decay. I am always one to ask Why. I am sure positive news would turn the chart.
We all know news is coming the big questions are when and what. I was surprised to not see 8.24 support hold. My lower end 1st support target is 7.80, lower support 7.25. Your targets ..thoughts appreciated.
When it is good to have some cash on the side. If they give me a shot at 7.80...I will buy more trading shares back very quickly. For those of us that have been around for awhile .... we all know there is a high probability of very positive clinical data coming soon and alot of it. My core shares can not and will not be shaken out of my hands......I will only add to. Todays trading appeared to very strange alota shares trading below bid and ask. I take that as a very positive sign when the big money and the MM shakes it up a bit. They want the weak out before they move it up.
And that is why I only trade trading shares. Which is approx. 15% of total position. Was really lookin for a 7.80 +/- couple pennys print. Pending on how they run the numbers today I might add another 4% or so of trading shares. At present only about 4% of trading shares re-bought.
I think trading down in sympathy to CLDN and IBB down. IBB 50 DMA approx. 348, IBB been holding that 50DMA since last Oct. IBB long lower wick today sometimes indicates buyers stepping in. 25% of NVAX trading shares bought back. Lookin to hold 8.28 ish 2day. I think that 8.22 - 8.25 area may be the last gift. But hey it can go either way.....that is why only 25% addition......may have to chase it up tomorrow?????? Or maybe down.....Lets C what the big boyz do.
Watchin to C if they give it a quick trip down to 8.30 ish area. I stated B4 if break 8.57 look 4 low 8.40s. Acts like somebody accumulating shares and they wantem as cheap as they can getem.
And remember some want your shares.....your money and your clothes. I have a list of many that post here and their consistency.........the flip floppers I do not trust. The ones that are consistant without overly pumping I trust.. I try to read all and give credit where it belongs. However in the end it is my choice and my money to do as I wish with. I could care less about a thumb up or down.. I have a model I follow faithfullly. I can use it daily, weekly, monthly or any interval intraday......that spits #s out to me. Sometimes I post the #s sometimes I don't, they are never 100% accurate, but the odds and probabilities are always in my favor. I have many other stocks I am investigating and tracking their #s. When I have as many free shares here as I want then I will funnel cash into another and repeat the process. Yes I could cash in many shares that are well over 200% profit, but I am not going to, they are my backup shares, my core. I can use them to average down if I make a negative trade. Yes I mix and match shares to cancel out a negative trade. To come out with a small profit or break even. That allows me to buy back in immediately. Yea I have short term shares and long term shares and I mix and match accordingly. Never ever rely upon a msg. board to make your choice. You never know whom is on the other side....friend, foe or thief. I always try to have immediate cash on hand when a gift is offered.