Thread: Corona Virus
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Old 10-08-2020, 11:36   #808
Exile on Spencer St
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Re: Corona Virus

Here’s a bit of news about just one of the so-called bio-tech companies that are fighting, whilst avoiding the normal safety test requirements, to produce a vaccine.

Moderna, a company that has no marketed products, announced a ‘break through’, and that day and the next it’s Chief Financial Officer exercised his options for more shares, then sold them immediately and made $16.8 million.

A few weeks later, after “Vaccine experts say Moderna didn’t produce data critical to assessing Covid-19 vaccine” * the shares dropped. Although the ‘disinterested’ Dr.Fauci** did his best to try and rally them.

As the first article concludes, "It shows a lack of confidence in your company going forward." I wonder why?

https://edition.cnn.com/2020/05/22/i...les/index.html

*https://www.statnews.com/2020/05/19/...id-19-vaccine/

** https://bgr.com/2020/06/02/coronavir...roversy-fauci/
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