Novavax Inc (NVAX)

[LongRun8]

I was wondering about that myself. It has dipped down the past two days.

I envision that one of three things are happening:

1. I'm hoping it's just a shakeout of weak hands by the MMs, taking out stops along the way in order to accumulate.
2. A lot of small biotechs were down around 4-5% today. Not sure why.
3. The thing that fears me the most is that whole large amount of shares that went thru EOD on Tuesday and AH. I think people are wondering what that was all about. Was it an institution selling? Was it an institution buying? Is it selling on insider info or just maybe somebody (institution) looking to take some profits? I keep telling myself that somebody may have sold all those shares, but somebody was willing to buy them, too!

After the selling the past two days, I started getting a little nervous, but then I tried to sit back and take stock of the situation. The share price has rocketed over the past handful of months. There have been days like this before and it's always gone back up. Plus, with all these financing deals PR'd about lately, I have to imagine that good things are still to come. I am expecting great Ph2 data in pregnant women; but we shall see.