Gilead stock up on positive early data on Remdesivir and coronavirus
This may lead to a successful vaccine for the CoronaVirus . . .good news not only for smart investors, but potentially great news for all Americans!
Full disclosure: I own shares of GILD stock, also MRNA, another company working on a vaccine.... (although at this point I wouldn't "bet the farm" on buying more GILD or MRNA stock...results are still early).
Disclaimer; Nothing in this seed is meant to be a recommendation to buy or sell any stock. Investing in the Stock market involves risk and may result in the loss of some or all of the money you invest.
Related: Moderna Coronavirus Vaccine Effort To Get $483 Million In Federal Funding
S E E D E D C O N T E N T
CNBC's Meg Tirrell reports there's good news regarding early data on use of Remdesivir to treat the coronavirus. With CNBC's Brian Sullivan and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Steve Grasso.
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Aside for the possibility of financial gain for smart investors, this is potentially good news for everyone-- thiy may be a drug that sucessfully fights this insidious virus without having to take a potentially life-threatening drug . . . for example one that's designed to cure Malaria.
Great News for ALL of US and the world.
No one is going to care if Trump and Cump make money if this drug 'ACTUALLY' does work, as it was his ridiculous toting and pushy recommendations of an untested, and UNPROVEN drug, that caused the concern and showed such an obvious bias and Conflict of interest.
Cause with Trump, it is ALWAYS, how will it effect "ME"
Let's hope it continues to be effective, and is PROVEN to help save lives for all of our sakes,
but, l don't want to hear ANYONE from thevTrump Administration PUSHING IT, unless they are an unbiased Scientist or Dr. with PROVEN and TESTED RESULTS~!
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Lets hope it pans out,
in the meantime
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WHERE THE FUCK ARE THE TESTS THAT COULD BE SAVING TENS OF THOUSANDS OF LIVES ???????????????
Well, I hope it works. (In fact I hope some effective vaccine is developed sooner rather than later).
Of course according to Trump, everyone has enough tests-- in fact more than they need.
But according to many state governors, there is a severe shortage of tests. And the Trump administration has not been helpful in remedying this.
How many years has Trump been in office now? (Of course you can't blame him for his first years in office because then the Democrat-controlled Congress, with their excessive TDS, unfairly blocked his every move!
And if you did know...what would that accomplish?
I'm sure I own stocks who are also owned by some unsavory characters. (Actually I used to care about that in the past).
But now I don't bother to check every time I buy a stock.
IMO there are three ways to play the virus outbreak in the Stock market:
1. Companies working of a vaccine such as the two mentioned here (and there are many others).
2. Stocks of companies that are involved in facilitating the shift towards communicating online, and working at home (rather than interacting in person). Such as ZM, TDOC, WORK, TTD, etc.
Also other companies that may benefit from increased online useage such as AMZN . . . and even stocks such as VZ, T, etc
3. Invest in really solid companies that will survive the coming recession and that pay dividends (so that your money is working for you while you wait for the long recovery from the upcoming recession).
Stock has been ona tear so Just sold off most of the remaining MRNA today. Also sold off a bit more GILD.
I could be wrong, but we may be near a short term top today or probably tomorrow---and Then I think the market will continue downward.