I don’t know if many of you know this but I’m a very successful trader and have been trading for years.I used to help run a very well known hedge fund.One thing I can tell you is the games are almost over.If EMA delivers the goods in the next week or so shorts will cover their positions.Just as most of you know hedge funds will get the news before anyone else does.Watch price movement and that will tell you a lot about what’s happening with the stock.High volatility is a true indicator of a strong move forming.The drop last week was a drop for hedge funds to make a final add to their positions and shake any week hands left.If you look at institutional ownership it hasn’t increased since the news broke which signifies that they are already in position for the move up.Now is the time to be patient and wait because it’s not a matter of if it’s going to take off but when.A lot of you tend to look at hedge funds as bad but what you don’t realize is they add shares on every pull back and a lot of them are long term holders in the company.Sometimes they take advantage of weakness in a stock to add to their positions.You also have to remember that the fear the media releases causes uneducated investors to sell which creates buying opportunities.All I’m saying is a lot of this up and down slope could have been avoided if people did their research and stuck to their positions.All and all novavax is going to rise and rise quickly because they are multiple catalysts ready to be dropped.If you have patience you will see the day this stock hits $1,000 per share.Good luck and Good night to all.$Novavax(NVAX)$
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