Stock Talk
Today Inovio Pharmaceuticals (INO) reported
a PR on results of Phase 1 testing. At
first glance, the report looked favorable.
However, the market is selling off INO as
of this writing, mid day, being whipsawed
down.
Barron's had a pretty good explanation.
Inovio did not share specific info on
neutralizing antibodies.
https://www.barrons.com/articles/inovios-stock-covid-19-vaccine-trial-51593525763?siteid=yhoof2&yptr=yahoo
Barron's noted that 5 out 8 analysts
that cover Inovio rate it as a HOLD.
However after seeing it double and
enjoying an adversity filled ride,
today's drop and whipsaw is
disheartening as a shareholder in some
INO.
That's it, I took a gain on half my
shares. It sucks to be a bag holder
and I have FOMO about that too!
I will watch INO and hold my remaining
half position. Today, Inovio became a
trading stock to me. Whipsaws do that!
WHY?
Because if Inovio shared neutralizing
antibody data with the government but
not to shareholders?
- that seems a backhanded slap.
- and if they did not and are holding
back info
why?
So it just got more dicey. I still like INO,
and holding half for now.
half are free shares to those who
bought the 13's here.
INO still has some "future dots".
namely "future funding" and pipeline
- maybe.
On another trade, I bought back some
Vaxart (VXRT ) just some. An oral vaccine
being tested in monkeys may find traction
maybe some good juju.
like my reasoning? we'll see.
I tried to be a long on INO but they
kind of let me down on the lack of
full data on neutralizing antibody data.
In closing....
I am STILL HOLDING INO, just not as much.
I need to remember ...
- there is always "a BUT"
- and something always happens!
celebrate a gain if ya got it. __
ALL in my humble opinion.
This site does NOT make Buy / Sell recommendations.
___
