PATIENCE,PATIENCE,PATIENCE
Exercise it. You will be very well rewarded . If you held in there this long you will indeed regret selling at this price and this late date.
I spoke to the Company yesterday. What was said in the Jan 9th news release is what they are standing by and rightly so.. Yes the " or shortly there after" clause is still in effect. " No news , is good news".
NVX is on for an FDA approval sometime very soon. Highest probability is mid May ( to me that is sometime around May 12 to May 21 or so) but I wouldn't rule out that it could be a little later than that. Ridiculously low probability that it will drag out beyond early June. To me that still falls in the "or shortly thereafter" given that we are talking about the FDA.
Meanwhile there is enough going for the Company with their other vaccines to make it well worth the wait . The next several months are going to be a whole lot better than the last many months. The Company should have plenty of good news to announce. I am referring to product approvals in the US , Norway, Germany, Austria, and perhaps somewhere else; possible trial results of Men.C, GBS, DTaPIPV, Adult aP, etc. ;and then there are the possibilities of new alliances and partnerships as have been referenced often in company releases. The latter could have enormous effect on the stock, could be really major. We'll see.
Now if you think the Company management is selling shares, nothing could be further from the truth. Some sold a small amount in Dec to help them exercise their options to buy more, a lot more like 5 times what they sold. If you want to confirm that just go read all the information you were sent with your annual report . You will see that all of the officers got as compensation in 1997 options on more shares at between $19 and $20 per share. Tell me that they don't have an incentive to drive this stock up.
And if you think this is a one product company you don't understand what adult aP is all about or Group B Strp , or MEN A,B,and C. These are 3 potentially "BLOCKBUSTER Products, addressing billion $ markets.
Wake up and forget the past, NVX has an incredable future ahead of it.
:-}. PATIENCE WILL REWARD YOU. |
