WLinvestment

Covid could be endemic within weeks with Omicron. MRNA? PFE?

Short
WLinvestment Updated   
NASDAQ:MRNA   Moderna, Inc.
While we need another week~ to confirm, many leading scientists are pointing to death rates anywhere from 30% to 90% lower with Omicron. Yes, it's still problematic but there's hope for the first time in a long time. What happens is Omicron becomes the dominant variant and the majority of people have minimal symptoms?

We could see a DRASTIC repricing in some of the vaccine stocks, particularily MRNA. Fair value on MRNA is likely <$100. If we can't reclaim $315, I think we will see $180 and possible $150 within weeks.

I bought some OTM puts for a lotto play :p.
Comment:
Looking good so far - looking for $180~ still. SHORT ALL RIPS IN THE COMING WEEK
Comment:
$250 is key support, when that fails we will get our targets.
Comment:
Below support, momentum continues to tank. Bullish news is not moving the stock. Even if I were a bull I'd be scared... look how the stock reacts to "good" news like new vaccine contracts? This is PRICED IN.
Comment:
$230 is the line in the sand for bears. I still expect 170-180 to be visited, likely next week at this stage. The CEO is speaking monday am so should see some big movement there, the markets reaction will be very telling
Comment:
WHAT A MOVE. ABSOLUTE DESTRUCTION. TARGETS STILL VALID 170/180~ and possibly lower. 180 should give a bounce
Comment:
Targets HIT. We could still go lower but I am taking significant profits here

White Lake Investment
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