stock market crash

[Whorty]

Buy the rumour, sell the news and all that.

[northernladuk]

The approval was assumed and priced in once the efficacy results were announced. Most likely some profit taking this week.

The charts over the last 6 months don't support that. BNTX doubled since October and PFE only 20% up from it's lows in July. Hardly smacks of assumed price rises.

[rootsnall]

How is it that BionTech and Pfizer have had their vaccines approved for use in the UK who then have order a couple of million units just to start with and their prices have declined every day since?? Wtf is that about?

I've made 15% on Virgin Galactic Holdings in the same time PFE and BNTX has dropped 3%

I'm guessing they can't coin it in on vaccines, especially with the Oxford not for profit one lurking. And even the new type of vaccine they have come with is also not a monopoly. Glaxo are I believe big on vaccines and their share price never goes anywhere.

[AtW]

Coining in on vaccines will be from 2022 when covid threat will recede but annual vaccinations will be necessary

[Whorty]

Choose the phrase to fit the evidence.

"It's a bull trap"
"Follow the smart money"
"Buy low, sell high"
"It's a momentum play"
"Very overbought from here"
"Fear of missing out"
"To the moon!"

You forgot about the dragonfly doji

[Whorty]

I'm guessing they can't coin it in on vaccines, especially with the Oxford not for profit one lurking. And even the new type of vaccine they have come with is also not a monopoly. Glaxo are I believe big on vaccines and their share price never goes anywhere.

Wasn't there something in the news recently saying none of the Co's are to make a profit on these vaccines until it is has been rolled out globally? So the vaccines are currently at cost.

[_V_]

The charts over the last 6 months don't support that. BNTX doubled since October and PFE only 20% up from it's lows in July. Hardly smacks of assumed price rises.

Pfizer looks undervalued to me. I would assume the price will rise from here unless there is a flurry of bad news surrounding the vaccines.

[AtW]

Pfizer looks undervalued to me. I would assume the price will rise from here unless there is a flurry of bad news surrounding the vaccines.

[_V_]

[rootsnall]

Barry Norris: why I'm shorting vaccine-makers | MoneyWeek

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