Long on NVAX .. Should i hold or sell ?

Discussion in 'Stocks' started by raagi2000, Feb 8, 2010.

  1. raagi2000

    raagi2000

    I am fairly new to this forum and need expertise advice on NVAX bought @ 2.85. now it is around 2. thank you
     
  2. looks like you bought this POS around Jan 11-12.

    the market did a nice fakeout on high volume leaving many noobs like you holding a bag, you should have thrown in the towel around 2.40 when it broke down support. at this point its a falling knife and could see 1.50.

    sorry bud.. this one is a real stinker.. how many shares you in?

    learn from this and move on..
     
  3. gobar

    gobar

    look at 10 yr chart n u will get ur answer

    spike every now n then
     
  4. NoDoji

    NoDoji

    Did you buy it as a long term speculative play? Then hold it. I bought it as a long term spec play in summer 2008 and sat on it through some major lows, then sold it during the swine flu scare last spring (didn't want to look a gift horse in the mouth).