Novavax Inc (NVAX)

[tiv111]

Hate to say it but this was Glickman's fault and I'm a big fan of the Glickster.
The CC should not have been on options expiration day. The big players are the ones that had sold all those $7.5 options. They aggressively shorted all week to build maximum cushion between the current price and $7.50. They were put in a position where they had no choice. They didn't have any more insight into what was going to happen today then you and I did, so they shorted aggressively to protect themselves against a big run up on potential great news. The good news is that all this manipulation will have be unwound next week. I bought at the close today for the run up next week. Hopefully Im correct in my assessment. We will see I guess.