TheMilkyWay
2022-08-09

$Novavax(NVAX)$What a crappy company [Anger] [Anger] [Anger] Blaming everything but its management for its atrocious Q2 revenue. This stock is a goner. 1. The stock price has been in the gutter for around ten months now, 2. Nothing seems to be able to save it, not authorised use of its Covid vaccine in multiple countries, not approval of the vaccine from the US FDA, not people who couldn't/ were hesitant to take mRNA Covid vaccines taking its vaccine. 3. Its management does notseem to know how to market its product (delays after delays in trying to get approvals, distribution problems, a lack of promotion). I think the only way this stock can be revived in the near term, other than manipulation, is for a MASSIVE resurgence of Covid ACROSS THE WORLD. A number of countries have already faced their n-th Covid wave since this vaccine was available but still the company's revenue has been dismal. My personal thought is to offload this crap now, regardless the loss, OR hold it for years without checking in on it& hope that it would one day surge due to it pushing out some impressive product into the market. 

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Comments

  • Frodo555
    2022-08-09
    Frodo555
    Long time never see you buddy [Cool] what can we say except disappointment after disappointment. [Cry] I just wait till year end and see if they hit their new forecast and make a profit
    • TheMilkyWayReplyFrodo555: 
      buy/ add in small batches. Because we never know where/ when is the bottom. So 80 is actually a pretty good price already. [Great]
    • TheMilkyWayReplyFrodo555: 
      I’m thinking AMD could go to 70. But not gonna want to miss the boat like I did in June again (I think it went to 74). It’s a good company, as long as a big discount & reasonable valuation should just
    • Frodo555ReplyTheMilkyWay: 
      I agreed with you [Great] below 80 I will buy some for long term. Need to balance a bit more as growth stock really unstable. Trying to channel some fund over to stable ones [Happy]
    • Frodo555: 
      Yes, still the overall losses are not lookimg good but can’t do much except to wait it out [Happy] i login to see how is the market leaning but nothing much i can do [Shy]
    • Frodo555ReplyTheMilkyWay: 
      AMD is now up down up down [Happy] very unstable but you are right that 80 seems the point to add [Grin][Grin]
  • Glitching
    2022-08-09
    Glitching
    No hope liao. I took some losses. The rest gonna just let it ride - even if it goes 0 then 0 [Facepalm]
    • TheMilkyWay: 
      I also thought the rest goes to 0 then 0, shall take the gamble but I dont know man. Maybe should shift to some other stock. So difficult!
    • TheMilkyWay: 
      I took some losses earlier this year around Jan/ Feb. I thought i was smart already but should had just sold ALL. But hindsight always 20/20 [LOL]
  • AhBart
    2022-08-09
    AhBart
    Perhaps what you said is probably correct and valid. Sometimes in life, when the child ended up condemned and incorrigible, it will be better to disown it……..hard decisions in life but necessary 🥸
  • SR050321
    2022-08-13
    SR050321
    for me now high price stock, i put alert coz the gap to the bottom too much, never know how dip will sink. I sink alot on futu last year, have since cut loss.
    • SR050321: 
      From 144 gradually trim (buy n sell) but keep on dipping, my last one sold $35 but now it up again, i stay away, but my position was very little, wish you the best.
  • AhBart
    2022-08-09
    AhBart
    On second thoughts, NVAX is quite poor thing, FDA is very hard on it. Probably bcos it didn’t partner a local mfgr. Its timing is super poor. If FDA refuses to approve its Omicron, that’s it !!!!!
  • Daredragon
    2022-08-09
    Daredragon
    Dropped so much!
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