Hmm?
$Novavax(NVAX.US$ Shorts makin a play. Gotta stay above 12.19? If breaks below that? Im seeing next stop at 11.33? NFA
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Double_Bottom : still have chance up
....at this level I admit I am less confident
TrytosaveabitOP Double_Bottom: Im not really worried yet! Main reason is that it’s actually held up very well with all the shorts! And it helps that I can’t lose no matter what! My last scale out yesterday at 13.73 put me into negative diluted cost!
Double_Bottom : so the dips today is the result of nvax officer selling his shares???
TrytosaveabitOP Double_Bottom: No I don’t believe so! He didn’t sell them yet! He is letting the SEC know that he is intending to sell them! Executives have to file to be able to sell if the amount is over 5K shares or a price of 50K or above! And has to be within 3 months of filing!
Double_Bottom TrytosaveabitOP: so....selling at this level is positive or he know this is current best price to make money?
TrytosaveabitOP Double_Bottom: Im only speculating here! But he may have known that this deal was coming? And he seen how the stock price was driven and shorted down so bad over the last year? Im not sure how many stocks he got in his hiring? But wouldn’t you register to be able to sell some of yours to take advantage of this great news and price increase to sell at a profit? Also remember he has 3 months to sell. So he may just be getting them ready for if price goes higher? More profit even?
Double_Bottom TrytosaveabitOP: great analysis
TrytosaveabitOP Double_Bottom: Thank you!