I think people see stocks below a dollar and jump on without any due diligence.
Same with our stock to a certain extent. People jumped on because they 'heard' from someone somewhere that we could be getting approval any minute. The PR came out. It did not say the words approval... Time to move on to the next shiny object like a raccoon at a campground.
The fed has flooded the market with interest free dollars... some end up in bitcoin, some end up in amazon and some in end up trying to catch the next novavax at just the right moment...
It's a carousel of 'free' money chasing a lottery ticket
I for one like the buying opportunity that has presented itself... Even if we have bad results we go to what a $1.50??? Ok, another buying opportunity while I wait for HIV approval.
And, for the record our results could not be any worse than any of the therapeutics that have already received FDA endorsement, and if they are at least our 'worthless' drug doesn't have any side effects...
Same with our stock to a certain extent. People jumped on because they 'heard' from someone somewhere that we could be getting approval any minute. The PR came out. It did not say the words approval... Time to move on to the next shiny object like a raccoon at a campground.
The fed has flooded the market with interest free dollars... some end up in bitcoin, some end up in amazon and some in end up trying to catch the next novavax at just the right moment...
It's a carousel of 'free' money chasing a lottery ticket
I for one like the buying opportunity that has presented itself... Even if we have bad results we go to what a $1.50??? Ok, another buying opportunity while I wait for HIV approval.
And, for the record our results could not be any worse than any of the therapeutics that have already received FDA endorsement, and if they are at least our 'worthless' drug doesn't have any side effects...
5
