The Meteoric Rise of Novavax: What's Next?

From $5 to $13: Insights, Reader Feedback, and Next Steps

About six weeks ago I wrote about the vaccine stocks, and I am delighted to report a big win for my pick of the sector, Novavax (NVAX). It had some good news on Friday, and rose more than 100%. It then followed through yesterday and rose another 50%. What I bought between $4 and $5 is now trading at $13. It’s moving quicker than I thought it would.

I have had numerous messages from readers, so today I want to look at what to do next. Today’s piece comes in addition to my regular Wednesday piece, which will come out tomorrow.

Coupled with multi-bagger Microstrategy (MSTR), things are looking very good in the Flying Frisby speculative portfolio - as long as I don’t go anywhere near mining stocks. Mind you, even they are moving at the moment. (More on that soon).

I had this exchange with a reader who then asked me to publish it:

READER: By the way Dominic you should really be crowing about your $MSTR recommendation. Have you seen the outperformance relative to bitcoin? Although I'm a long term holder I put my wife's ISA into it last year and am shocked it's now 90k!

If that doesn't pull subscribers into your Substack I don't know what else would!

ME: I know I got that right, but the miners have been so bad, I’ll feel a bit like one of those disingenuous newsletter writers, if I am not careful

READER: Your followers should know well enough to cut losses and run winners ,Dominic. Blow your trumpet!

Take a look at my wife's 23/24 as an example below: had to take the initial stake off the table just now. How often does retail ever get a return on investment like that tax free?

OK. Well trumpet blown. Thank you.

Those heavily into the miners might not feel quite as enthusiastic, but even they are starting to move now. As I say, I’ll have more on that soon. I have high hopes for this one in particular, in the short term.

So the pharma win. What to do now?

Here is the original write up of the company in question, Novavax (NYSE:NVAX), if you haven’t already read it.

The basis of the investment, if you can call it that, speculation is probably more accurate, was this incredible chart. 

The company has these huge and regular swings. From $25 to $311 and back again.

“Without knowing anything about the company, on the basis of that chart alone, I am sorely tempted to risk a mite more than a nominal sum down here below $5, wait for the “inevitable” swing to $150, then bag thirty times my money!”

That sub $5 investment is now $13.

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