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One Last Look 5/19/20

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That said, the rally had absolutely nothing to do with a vaccine and everything to do with $265 billion. 

https://www.statnews.com/2020/05/19/vaccine-experts-say-moderna-didnt-produce-data-critical-to-assessing-covid-19-vaccine/

Market comes roaring back because the rally had absolutely nothing to do with the vaccine in the first place. Finmedia just makes shit up because they need cover stories. 

Turns out Georgia and Florida have been doctoring their COVID data. Whodathunk? 

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More Moderna

Moderna, Inc. is an US biotech based in Cambridge, Massachusetts focused on drug discovery and drug development based on messenger RNA (mRNA).[2][3] The company is attempting to insert synthetic mRNA into the living cells of patients to reprogam the cell on how to create their own therapies and vaccines (rather than being created externally and then injected per conventential approach); a technique that was abandoned by larger pharmaceutical companies unable to overcome the dangerous side-effects of getting RNA into cells;[4][5][6] as of May 14, 2020, no mRNA vaccine has ever been approved for use in humans.[7][8]

In December 2018, Moderna became the largest biotech initial public offering (IPO) in history, raising $600 million for 8% of the company, implying an overall valuation of $7.5 billion, and with accumulated losses since inception of $1.5 billion.[3][9] The company has a reputation for secrecy and little of its work has ever been published, peer-reviewed, or scientifically validated,[4][5] and its approach has been compared to Theranos by Nature.[10][3] In May 2020, Moderna was valued at $30 billion but none of its mRNA molecules have reached beyond initial clinical trials, and several have failed due to harmful side-effects in early trials.[3]

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In May 2020, Boardmember Dr. Moncef Slaoui resigned from the company to become Chief Scientist for the Trump administration's "Operation Warp Speed", a group designed to accelerate the development of a vaccine for the coronavirus. Slaoui continued to hold over $10 million in stock options in the company in his new role while the Federal government invested over $400 million in the company to assist in coronavirus vaccine trials. Senator Elizabeth Warren called the holding a conflict of interest and that Slaoui should have divested his option

https://en.wikipedia.org/wiki/Moderna

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Moderna won't turn out to be a scam. They're Trump people. Honest reliable altruistic. 

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4 minutes ago, Jorma said:

 

In May 2020, Boardmember Dr. Moncef Slaoui resigned from the company to become Chief Scientist for the Trump administration's "Operation Warp Speed", a group designed to accelerate the development of a vaccine for the coronavirus. Slaoui continued to hold over $10 million in stock options in the company in his new role while the Federal government invested over $400 million in the company to assist in coronavirus vaccine trials. Senator Elizabeth Warren called the holding a conflict of interest and that Slaoui should have divested his option

 

I read that on twitter yesterday. Warren is of course right.

That whole vaccine stuff is all BS. The CEO of Novartis said yesterday that it will last 24 months, he explained in detail why.

A vaccine the "market" wants would have to fulfill the following needs:

1. easy to use

2. available for everyone

3. doing no harm to your body 

Market wants a vaccine like for the measles. That won't happen in the next 12-24 months. Maybe there will be a "pseudo-vaccine" something what really doesn't work completely.

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9 minutes ago, fxfox said:

I read that on twitter yesterday. Warren is of course right.

That whole vaccine stuff is all BS. The CEO of Novartis said yesterday that it will last 24 months, he explained in detail why.

A vaccine the "market" wants would have to fulfill the following needs:

1. easy to use

2. available for everyone

3. doing no harm to your body 

Market wants a vaccine like for the measles. That won't happen in the next 12-24 months. Maybe there will be a "pseudo-vaccine" something what really doesn't work completely.

I get a flu vaccine every year and it's typically 60% effective. I'd take Covid19 vaccine annually with such a record. I'm beginning to think this isn't it but am addressing the general point.

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28 minutes ago, DrStool said:

How about it's just a big fuckin lie like everything else the Regime says. 

(Judges consult....)

Alex: "Judges confirm you presented the correct answer in the form of a question."

 

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1 hour ago, DrStool said:

Moderna won't turn out to be a scam. They're Trump people. Honest reliable altruistic. 

Just like past presidents....IMHO

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