TheMilkyWay
2022-04-19

$Novavax(NVAX)$What the... [Speechless] A newlow everyday. A few months ago I wrote about how hopeless this stock is after looking at its internal problems & external environment, I was on the brink of selling it at a massive loss because of that but thought what if I was more patient & maybe I would be rewarded for my patience & I ended up holding it & copping an even greater paper loss now. Now, on the news front, it seems to me that my patience may ve paying off but somehow the stock price is falling further & further? My guess is that unless there is a report on the number of shots administered & the revenue garnered being close to what is estimated we will continue to see the stock price plummet. Because in such uncertain times no investor would want to park their money in a high risk stock. That said, shouldn't a series of good news be able to push the stock price up a little? This is very baffling to me. 

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Comments

  • Glitching
    2022-04-19
    Glitching
    There's no logic to this stock anymore...
    • TheMilkyWay: 
      happening to the stock price? I would really like to know.
    • TheMilkyWay: 
      endemic! And with the sudden opening up of many countries, I wont be surprised if there comes another massive surge in cases around the world though I hope not. So why is this
    • TheMilkyWay: 
      Yes, more countries seem to be moving towards living with Covid now. And many developed nations are vaccinated with mRNA already BUT govts are still encouraging booster shots even if Covid becomes
    • TheMilkyWay: 
      Maybe it’s navie to think it would rebound at least to 170 but it truely defies logic that it only goes down & down with more approvals.
  • HaizCashAcc
    2022-04-20
    HaizCashAcc
    Haiz.... in the same boat. considering developing a plan using Options to collect small premiums to cushion my losses. but 1 wrong move might just exponentially increase my holding/losses.
    • HaizCashAccReplyTheMilkyWay: 
      however, risk is still that Nvax low can get lower (falling knife). position sizing and available funds become key in the decision here.
    • HaizCashAccReplyTheMilkyWay: 
      it is risky. however, with a 70% paper loss and still "hoping" for a rebound, the fastest way to reduce our losses is to do an ave down, hope the next rebound can be > overall Ave price.
    • TheMilkyWay: 
      Too risky. Then again, I think many of us bought this ticker with a gambling mindset rather than an investment mindset. And it’s upside seems to be great currently. [Serious] Really at a lost with
    • TheMilkyWay: 
      this one. [Doubt]
  • zingzy
    2022-04-19
    zingzy
    So what are your options now? Not selling yet?
    • zingzyReplyTheMilkyWay: 
      Well, I hope it will all go well.
    • XLMMReplyTheMilkyWay: 
      Yeah i am holding too...
    • TheMilkyWay: 
      Not selling yet. At this amount of paper loss & with the series of recent approvals, I think the upside is huge & not much point in selling unless one of my favourite stocks drop low enough for me to
    • TheMilkyWay: 
      transfer over.
  • WinzWorld
    2022-04-20
    WinzWorld
    We r in the same s*** [Cry]
  • Ethan23
    2022-04-19
    Ethan23
    Tough… but stay strong bro!!
    • TheMilkyWay: 
      Thanks! At this stage I’m more perplex than anything though. I know the stock market isnt always rational but this totally defies logic for me.
  • Frodo555
    2022-04-20
    Frodo555
    On the same boat and wilk rough it through [Tongue]
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