NVX NEWS , 11/26/96
Dr. Sharon Mates, President, NVX released a statement yesterday that is to long for me as a non typess to put here but here are the two key paragraphs that convey it's content.
"....., following the completion of the Advisory Committee review of CERTIVA, there have been numerous inaccurate reports of the conclusions reached by the Advisory Committee which present compelling unusual circumstances for issuing the following update."
"After discussions with representatives of the FDA following the October 29, 1996 meeting of the FDA's Vaccines and related Biological Products Advisory Committee at which the clinical data for CERTIVA was reviewed, the Company reaffirms its previously announced assessment, as summarized below, of the views expressed by the various members of the advisory Committee."
This to me is very reassuring news coming from the Company and was indeed only necessary because of unscrupulous, manipulative activities of lesser individuals and their abuse of the media.
Now I will reiiterate my views:
When the 'SHORTS' have to make alot of "noise" (i.e."using the media" Barrons article, Boomberg broadcasts, etc) it says to me that they are outright lying, distorting the facts, etc to manipulate the particular stock, because they are very aware that they CANNOT count on the fundamentals that are in play to drive the stock down.
It is my opinion that the high short interest coupled with all the '"NOISE" is an extremely BULLISH sign for NVX and that would account for why the Institutions and Funds are jumping in at these prices.
Note: Every one of the major stories that the media has released was not an "original" media story, and the content is always dominated by quotes from the very same "short" source if it isn't the entire content.
What is really crazy is the whole NVX story is a "WHEN" not an "IF" situation. WHEN will they get approval for DTaP? WHEN will they get DTaP-IPV on the market? WHEN will Hib, Strep B, etc.? Well we all know sometime over the next year alot will happen and alot more will happen between now and the year 2000. We are stockholders of a potentially $billion dollar company, yes, perhaps another AMGEN.
HOLD, HOLD, HOLD.
Top that with the fact that we all know there is somebody ( short) out there who wants to buy some 3,800,0000 shares REAL BAD as indicated by the 'NOISE'.(that is about 38% of the float and conceivably about 300-400% of what you and I as individual stockholders own). We are in the drivers seat, so sit back and enjoy the ride. :-} Happy Thanksgiving.:-]]] |
