Vaxart — Next Novavax; Delta spike signals the 🚀 about to 🧨
In a nut shell, this company has figured out how to make vaccine pills, which are much cheaper to manufacture and easier to transport and distribute than shots, especially because they don’t need freezers, which can be hard to come by in many parts of the world (like India!). Also, most people aren’t masochists who want shots and you can’t put iRNA into pills so the conspiracy theorists can’t squawk (as much) about them. They already have vaccines for covid, flu, norovirus, and are developing others.
This stock has been behaving a lot like Novavax was about 18-15 months ago. It’s had a few major spikes and then drops, but really steady climbs the last two weeks.
Strong insider buying and holding of stocks. Several institutions buying stock in the last few months, and now media coverage has begun, which spiked it 30% Friday.
When it was in the 6.5 range, it was heavily shorted, with 🌈🐻 screaming it would go back to $5 by the end of May (it didn’t). 20% of shares are still shorted, and those 🌈🐻gotta be starting to panic with the recent climbs.
Options interest has increased massively in the last week. Delta is up on ITM and NTM July 16 calls from like .05ish to .5-.7 in just two days.
Novavax had very similar stats from mid-March to early May 2020, when it had been trading sidewise between 13-17/share. It had a spike to 19, dropped back to 17 for about a week, then two days after its month-out calls saw that same Delta spike from .05-.1 to .5-.7 it went up 250% into the mid 40s… people thought they’d won there. It now trades in the 200s.
TL;DR: Vaxart is gonna 🚀🚀🚀🚀🚀 very very soon.
Not investment advise, I’m a retard, but me and my smooth brain are going to be loading up on MORE July 16 calls tomorrow morning. Already got 100. (Loading up more UWMC and WISH too).
I’d post an image to prove my positions but, being a retard, can’t figure out how to put them in a text post. If anyone with more brain wrinkles wants to walk me through it (preferably with crayon drawings) will be happy to edit them into this post.
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June 13, 2021 at 08:40PM