Here's how one can be wildly optimistic: we see NVAX rocket from $7 to $140 (today's price) in under 6 months. Not the same multiple, but look at MRNA or INO. What caused those stocks to yield a 10 bagger or a 20 bagger within 6 months? A small handful of promising results and hype. The biotech bubble is irrational and we are trying to capitalize on it. Plus, consider that some folks in this forum (me included) are at a cost basis of zero or even better so any bigger wins from here are just gravy. When you can afford to let it ride and the prospect of a 20-bagger hangs on a conference call and a shout-out from our dear leader, it's easy to be optimistic. My million dollar number is about $125. Don't laugh, it could happen. I wrote an email to my brother in February 2019: "Looks like a lot of action happening on NVAX which I know nothing about except that it makes a flu vaccine and it sounds as though some kind of results or ruling is coming up. More put action than call action. I'm probably just going to watch it, but thought you might know more about it than me." He didn't. Then I watched it go from $4 to $140.
