Novavax Inc (NVAX): It needs to gain some traction here, sli...

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BigBake1

Re: underdog150 post# 2051

Thursday, 11/20/2014 10:05:08 AM

Thursday, November 20, 2014 10:05:08 AM

It needs to gain some traction here, slipping under $5 wasnt good and if that insider hadn't sold that block of 1.5 million shares on Monday this wouldn't be so heavy at this point. This is good news, but there needs to be some Phase 3 studies set up and a commercial purchase at this point.

Some good news also is the increased institutional ownership, but I got to say the Short Interest eludes me, it didnt decline on the October 31st report, so at some point if the right news comes along there is still heavy potential for a larger move.

Settlement Date Short Interest Avg Daily Share Volume Days To Cover
10/31/2014 35,392,409 6,725,985 5.262041
10/15/2014 34,999,846 4,484,834 7.804045
9/30/2014 34,471,947 3,093,812 11.142224
9/15/2014 32,542,926 2,570,084 12.662203
8/29/2014 31,582,603 2,168,146 14.566640

Oh and FINVIZ seems to have this channel trading: