Posted:
#1
Does anyone else see this climbing back to at least 12 or 13 in the next 6 months maybe even getting back to 15 
NVAX
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Posted:
#5
That 15 was a spike high, not really a trend if you look at the chart.
Also the stock is up 40% this year, I dont know if there is a catalyst for it to move or not, but as you know what moves these stocks is a catalyst...so phase data or some new therapy or something.
Based on realistic fundamentals and revenues this stock is massively overvalued and the lows of the year are still too high, but if there is a catalyst and a reason in the near term, well the chart doesnt look so hot but it isnt broken down...so nothing broke the stock but if you can tell a reason to anticipate a move, well that is the only way I would want to consider buying it.
Posted:
#6
Quote Originally Posted by wallstreetcappers:
That 15 was a spike high, not really a trend if you look at the chart.
Thanks for the reply Wall That 15 was a spike high, not really a trend if you look at the chart.
Also the stock is up 40% this year, I dont know if there is a catalyst for it to move or not, but as you know what moves these stocks is a catalyst...so phase data or some new therapy or something.
Based on realistic fundamentals and revenues this stock is massively overvalued and the lows of the year are still too high, but if there is a catalyst and a reason in the near term, well the chart doesnt look so hot but it isnt broken down...so nothing broke the stock but if you can tell a reason to anticipate a move, well that is the only way I would want to consider buying it.
I just feel this stock is going to exceed expectations this year
Posted:
#8
Sheesh...
Down 25% from just my post on the 28th!
Looks like the 5's are coming and if you peek at a long term chart, the 5's seem like a reasonable entry to start a position unless there is a catalyst that might take it lower.
Stock moves are really a function of sentiment and news much more than anything else..so try and figure out why a stock is rising or falling and if that reason will continue and try to trade accordingly.
What you think Wally? 
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