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NVAX RIP?The "going concern" disclosure is frequently the kiss of death. Operating credit dries up, the borrowing window is closed and very few will risk a dollar on more stock. It doesn't look good. Maybe JNJ will buy them cheap to get a better vaccine or buy it out of bankruptcy. If, on they other hand, they do survive with new products, those who stay may recover some of their losses. The choice is stop the bleeding with whatever you can get or risk it all on a long shot. |
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