Tuesday, July 07, 2020 1:55:02 PM
Sorrento has potential to achieve vaccine too but.....
The whole difference is about if they have connection to the right people to get sponsorship for such huge amount of money.
https://news.yahoo.com/u-gives-1-6b-novavax-154554487.html
I would say. Let them pump this stock up for couple days and buy puts somewhere between the last day price of 07/06/20 - " $70 " and the peak price.
Hypothetical example ( it is my own opinion ) If it reach $150 and started at PPS=$70, buy puts at the range of $110-120. Price will back soon to below $100 levels and you will benefit after week or two.
Remember !! this kind of activity involves very high risk. Do your own research before investing your money and don't blame me for your losses !!
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