Market Talk:
Today, the overall market jumped on the news that Moderna Inc, MRNA, Phase 1 results resulted in antibodies in test participants against Covid 19 . This is huge news because it is the first vaccine out of several companies that actually produced antibodies in humans equal to antibodies found in those surviving Corona virus. Meanwhile , The Fed is warning about risk of the stock market. Yes, its a risky business my friends!
The following talk is on a few stocks I find interesting . I find them interesting from both a scientific and stock potential view. I won't even try to advise on stock direction as there are so many uncertainties and both Bull and Bear forces in the market and especially the biotech arena. I do kind of like the following Stocks in the present moment. However venture in or out or abstain at your own doing. That all being said, all I am saying is that these are interesting STOCKS TO WATCH.
Stock Talk:
Here are a few Corona based issues that bear watching :
MRNA : Moderna, Inc:
It seems that both the near term and the long term outlook or this position is looking favorable. The viewpoint that MRNA can quickly produce vaccines based on the genetic coding of a pathogen has positive implications to future performance. The RNA based vaccine is bringing hope that vaccines can be created and tested more quickly to overcome deadly pathogens that have future pandemic implications. MRNA is now the leader in the space in my view. So far, MRNA is leading the entire world at the Corona vaccine arena. But more testing is required to determine safety according to FDA practices. I expect Fast track status on MRNA.
INO: Inovio Pharmaceuticals, Inc
INO also has both a corona vaccine and a promising pipeline of cancer therapy in development. The vaccine is a DNA based approach in early human trials. The INO vaccine, if successful, would not require super cooing for transport and shelf life. INO has seen a good run up of the share level and is in the teens at the moment. If the INO vaccine produces antibodies also, I would anticipate a huge run up in share price. Note the word "IF".
INO also has a promising drug to treat a deadly form of brain cancer, GBM. Further news on the progress is in the following link:
CODX : Co Diagnostics, Inc
This is a small cap company that has a reportedly highly effective Corona test using a saliva test. The test kits are already selling and very economically priced. Possibly TOO cheap for the good of the company. Short hedge funds bashed the quarterly call and I feel possibly manipulated the share price lower. It seems that they take advantage of the smaller share float and scare shareholders out driving the share price down to make huge dollars. However, it seems that CODX may weather the short storm and progress based on new orders coming. Key words "it seems". However, that is my call today. CODX may be Ok if they can increase sales and gain traction. Scroll down and read my previous post on CODX if interested.
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ALL in my humble opinion, scroll down and read more.. This site does NOT make Buy / Sell recommendations.
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