I’ve already taken one partial profit on what was supposed to be a long-term hold for the commercialization of its Hepatitis vaccine. But then the remaining position grew too large again, especially considering that my boring long-term vaccine investment has gotten all caught up with some seedy characters. “Coronavirus Vaccine stock”? Really?
Some automated TA outfit is guiding casino patrons on this Coronavirus stock. I can just see the wild eyes and drooling mouths (wash those masks!).
This after the thing went up nicely on Friday on news of a collaboration with Mount Sinai Hospital on a would-be universal flu vaccine. That news did not bother me too much, but this thing here? I am very bothered and so I am taking my 140% well earned profit on half of the remaining position with the balance held for now.
Maybe the casino patrons will pump it higher. But my original investment reason it out the window as what I consider the seediest of characters are apparently all over it. “Coronavirus Vaccine Stock”… eff you casino patron.
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