Operation Warp Speed commits $1.6 billion to Covid-19 vaccine maker Novavax

[calguy]

12. As a long time stock trader.....

I've watched NAVX many times over the years claim to have "breakthru" research "in the pipeline" for virtually every new disease that comes our way. They were there for Bird Flu, SARS, Swine Flu, and even claimed to be on the verge of an Ebola cure when that was in the news.
They have never delivered and I doubt they will this time either. To me NVAX is a scam company that never fails to pump up its stock price and leave the new investors in the dust when the insiders sell their stock to them and the stock goes back down when it is clear the company is all hot air and never produces any results.