Oct. 25 at 9:17 AM
$NVAX I watched this well done video with my wife who doesn't trade stocks, after explaining convertible bond, HF, max pain, what is legal what's not. She asked 2 questions:
1. Why SEC doesn't get involved and stop the illegal part? (fake orders and cancellation, pinning, etc.)
2. How can we (the company, the longs) break their control/manipulation?
I gave her a lame response like NVAX is a very small biotech that SEC focuses on big fishes....Can anyone, anyone, chime in with a better response? Honestly, I want to know why to these two questions too.