Moderna rats are jumping the ship.

Strange the vitriol on MRNA. It produced a hot, necessary product during the crisis so its stock naturally skyrockets as a result. Now that the world is getting back to normal, stock isn't going to hold up. Plus the general market is now in a downturn further dropping MRNA. Insiders' selling is a natural move but this isn't the same as a scammer like Milton and NKLA. NKLA still trying to make a go of it after Milton was indicted. They think they can cobble together an electric vehicle like its cheap Chinese electric bike. It will run but lets see how well it lasts. As for hydrogen fuel cell, lmfao. That's where they will get really exposed. Pulling that one off will require REAL innovation.
 
Sooooo many people nowadays WANT to get their panties in a bunch. :D CMTSU

Tossing off umm too many bad batches in their parents basement bathroom?
 
Pfizer & Moderna Investors Run for the Exits

These sophisticated investors make it their business to not go with the conventional wisdom but to do their own research, which often pays spectacular dividends.

Edward Dowd is one such investor. He saw the dot com bubble ready to burst and acted accordingly. But, unfortunately, other not-so-savvy investors later saw their dot com heavy portfolios collapse as the NASDAQ Composite Index lost 40% of its value in 2000.

Dowd, a graduate of Notre Dame University and former Portfolio Manager at Blackrock, grew his fund from $2 billion to $14 billion and commanded the respect of his investment community peers.

Today, after semi-retiring to the shores of South Maui, he remains a voice of stock market wisdom that many hedge funds continue to rely upon. LinkedIn lists him as a Consultant to Founder & Partner of Symphonic Capital, LLC.

Dowd has sounded the alarm on Moderna and Pfizer as sinking ships that investors need to abandon. So what does the man who foresaw the dot com and the subprime mortgage crisis have to say about Moderna and Pfizer, and what trouble could exist in the paradise of COVID vaccine profits?

Here are Dowd’s words:

I want to liken here to what's gone on in the Great Financial Crisis. We had rating agencies, third-party verification sources that were able to perpetuate the fraud because the money got too big, their institutions became corrupted with the institutional imperative, and they got triple-A ratings which we all know in hindsight were not triple-A ratings – let's move forward to today.

The FDA is the trusted third-party verification of pharmaceutical products. 50% of their budget comes from Pharma...due to the institutional imperative that was in place at the time and the speed with which they tried to approve these unproven products with this unproven technology, fraud did occur, and what's my proof of that? The FDA, together with Pfizer, were trying to hide the clinical data.

And it’s come out recently...that the all-cause mortality for the Pfizer product failed – that means there were more deaths in the vaccine group than the placebo group. Normally in such a case, you have NO drug approval for such drugs. It's the gold standard. I've been told by all my people in the Biotech Industry they were horrified... See mark 25:10.

https://www.thedesertreview.com/opinion/columnists/pfizer-moderna-investors-run-for-the-exits/article_f33832ce-9347-11ec-830c-6fe60d1a126b.html
 
VPhantom said:
How about some basic fact checking. He sold 19K shares/week over the course of 2 years to make that $400M. He still owns more than 90% of the shares he had in 2019. "dumping"…

Wrong and misleading conclusion. He dumped. He hedged his bet by selling enough to lead a most comfortable life. His remaining holdings is not expressing confidence but why not hold a lottery ticket where odds may be in your favor and if its value goes to zero your life doesn't change.
More...
 
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Bunch of dumbass right wing morons (is there any other kind?) who can't use a decent news source or common sense.

Fake news as they say. :)
 
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