Sorry, another Covid thread :-)
- Thread starter BKR88
- Start date
It's more amazing that after the WHO declared it's no longer a Pandemic, Covid infections/hospitalization/death were at their lows, with hundreds of millions in the global population fully vaccinated, and millions of vaccine doses reaching their expiration dates several months ago...
Anti-vaxxers at a trading forum were not smart enough to see PFE as a Short like the rest of Wall Street that was selling to protect their profits. Just the same, other companies began their declines with declines after the peak of Omicron.
Strangely, other pharmaceutical / drugs companies associated with the Pandemic...they've recently been reaching yearly highs...several...reaching ALL TIME highs.
Check out Pelonton (PTON)...a company that reached all-time highs during the government shutdowns, and school closures...
As more and more people became vaccinated, returning to in-person work (no longer remote working)... their stock has similar declines as many pharmaceutical companies but much different than Pfizer.
My point, you guys (anti-vaxxers/anti-mask/anti-excercise equipment) at a trading forum should know when there's no longer a Pandemic...no longer a demand...stocks decline big time. You guys knew...right ???
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Lesson #1: Know when to lock in your profits and sell when there's no longer a demand or know when to Short. If you missed the opportunity...wait for the next Pandemic and you'll have a blueprint of what to do in the financial markets.
Lesson #2: You now know why "other" pharmaceutical/drug companies are reaching ALL TIME highs...less costly supply chain operations, developing drugs for weight-loss (too many fat people from the Pandemic), drug companies investing in other drug companies...investments from other companies like Pfizer.
Simply, companies like Pfizer with +45 billion dollars in cash are investing their money in other pharmaceutical/drug companies.
Yep...it's a cruel world.
wrbtrader
Anti-vaxxers at a trading forum were not smart enough to see PFE as a Short like the rest of Wall Street that was selling to protect their profits. Just the same, other companies began their declines with declines after the peak of Omicron.
Strangely, other pharmaceutical / drugs companies associated with the Pandemic...they've recently been reaching yearly highs...several...reaching ALL TIME highs.
Check out Pelonton (PTON)...a company that reached all-time highs during the government shutdowns, and school closures...
As more and more people became vaccinated, returning to in-person work (no longer remote working)... their stock has similar declines as many pharmaceutical companies but much different than Pfizer.
My point, you guys (anti-vaxxers/anti-mask/anti-excercise equipment) at a trading forum should know when there's no longer a Pandemic...no longer a demand...stocks decline big time. You guys knew...right ???
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Experts told Insider that the company fell prey to the "bullwhip effect," spending big on logistics while expecting that demand would remain high — when demand cooled, Peloton was left with costly supply chain operations that now require a major overhaul.
https://www.businessinsider.com/peloton-company-history-rise-fall-2022-2
https://www.businessinsider.com/peloton-company-history-rise-fall-2022-2
Lesson #1: Know when to lock in your profits and sell when there's no longer a demand or know when to Short. If you missed the opportunity...wait for the next Pandemic and you'll have a blueprint of what to do in the financial markets.
Lesson #2: You now know why "other" pharmaceutical/drug companies are reaching ALL TIME highs...less costly supply chain operations, developing drugs for weight-loss (too many fat people from the Pandemic), drug companies investing in other drug companies...investments from other companies like Pfizer.
Simply, companies like Pfizer with +45 billion dollars in cash are investing their money in other pharmaceutical/drug companies.
Yep...it's a cruel world.
wrbtrader
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From “Childrens Health Defense”, RFK J’s organization which peddles nothing but complete lies. Why would anyone waste their time watching this bullshiat.