Novavax: Too Bullish
For a stock trading at $0.63, Novavax (NVAX) sure has a lot of bullish investors. According to sentiment on StockTwits, investors are still still 85% bullish on the stock.
Since every stock has a price for a trade, Novavax might have some short-term interest, if the stock sentiment was beaten down. Instead, the market is still extremely bullish on this big dip from the $2 level.
More commentary - WhoTrades
Disclosure: No position. Please review the disclaimer page for more details.
Comments