Investing General Discussion

The stock offering immediately after the positive press release is a pretty common strategy in biopharma, especially for pre-revenue companies like Moderna.

I think the main issue is that they chose not to share any actual data (which can be used to objectively judge their results), but made some odd comparisons to what is "generally found" in recovered patients' serum. They also introduced some odd interim analysis on a fraction of the patients (rather than waiting until all patients were treated), probably to distract from their side effects.

Overall, there was a lot more hand-waving than usual, even for a notoriously secretive company like Moderna, and they were definitely being creative with their wording to pump up the stock before their offering. Given that they are being showered in government money to develop this vaccine, it definitely comes off a bit slimy to milk interim data before you sell shares.

Really can't blame them too much, except they could have just waited a couple weeks and provided a full report, with numbers, and the optics would be waaay better.

There’s also this. Moderna CEO has been selling shares like crazy.

Sanrith Descartes said:

So the market basically looks like it did in the pre-market yesterday. I have some stocks sitting at identical prices to this time yesterday morning in the pre-market.

I took the opportunity yesterday to start a long position in BIIB. I had been trying a couple times before but it always dipped just above my price point and I missed it. I paid a couple of bucks more and grabbed it. I think tech and pharma/bio are going to be the consistent strong horses thru the end of this year.

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They have a lot riding on their Alzheimer's drug, so their value this year might be tied to whether or not the BLA gets accepted by the FDA this fall/winter. If approved it could be massive, but their stock has fluctuated a whole lot just based on the ups and downs of this one product over the years.

maybe do 50/50? diversifying is always good. on the other hand there's always the school of thought that if you are very long, i.e. an ira, just splitting your hoard between the faang stocks beats the s&p and most etfs, etc.

Wooops lol, Sold DIS a little too soon this morning. I was up 20% or so, and that is WAY longer than I normally hold a swing for. Last few days have been messy so I went ahead and dumped it. Anyone else holding DIS, you are welcome~

That sure is great for all those foreign investors. But how about all the people here in the US who aren't going to be able to afford their rent/mortgage in the years to come because they can't find a goddamn job?