AndrewFogel

Gilead Sciences Coronavirus experimental cure long opportunity

Long
NASDAQ:GILD   GILEAD SCIENCES INC
Been doing research on the progress of a coronavirus cure and severity of the outbreak. My intention was never to look for companies to invest in, I was genuinely curious about the state of the world. I came across an article (replace parenthesis with period): www() bloomberg()
com/news/articles/2020-02-01/coronavirus-case-treated-with-gilead-drug-may-spur-wider-tests

in which it is stated that the first case in the USA was treated with an experimental drug developed by gilead sciences . I encourage you to the read the article yourself and dyor. After taking a look at the chart, i couldn't help but notice that price seemed to be gearing up to go higher. Again, I encourage you to do your own analysis and not go based purely off of mine. I think this could be an amazing swing trade if played right and especially if the drug comes around to be approved.

Another article to do further research is a statement from gilead's website (replace parenthesis with period): www()gilead()
com/news-and-press/company-statements/gilead-sciences-statement-on-the-company-ongoing-response-to-the-2019-new-coronavirus

It mentions cooperation with china and an expedited plan to do clinical testing of the drug.

Best of luck and happy trading!

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