Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-$10m ATM on Monday March 2 2020
-Coronavirus sympathy
-Emergent to manufacture Vaxart's experimental COVID-19 vaccine
-Jun 25 2020: Signs Memorandum of Understanding with Attwill Medical Solutions Sterilflow, LP
-Jun 26 2020: COVID-19 Vaccine Selected for the U.S. Government’s Operation Warp Speed
-Jul 13 2020: Closes $90m ATM
-Aug 10 2020: Filed IND for COVID-19 vaccine
-Sep 14 2020: announces FDA clearance of IND application for oral COVID-19 vaccine
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Bull Flag
-Other notes: Large float and hard to read direction
Strategy / Confluence / Sizing Guide / Risk
Strategy: Trend rotation
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 500
Risk (stop / Rs): 7.83 and 8.1
Review / Lessons Learned
Got shaken out of my first entry then tried again on the break-out but stock wouldn't go, too many sellers, scratched second entry as well
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-09-14 13:44:54 | VXRT | buy | $7.870 | long |
| 2020-09-14 13:44:54 | VXRT | buy | $7.870 | long |
| 2020-09-14 13:44:54 | VXRT | buy | $7.870 | long |
| 2020-09-14 13:45:52 | VXRT | sell | $7.840 | long |
| 2020-09-14 13:45:52 | VXRT | sell | $7.840 | long |
| 2020-09-14 13:45:52 | VXRT | sell | $7.830 | 0 |
| 2020-09-14 13:57:18 | VXRT | buy | $8.100 | long |
| 2020-09-14 13:57:18 | VXRT | buy | $8.100 | long |
| 2020-09-14 13:59:49 | VXRT | sell | $8.110 | 0 |
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