2 Billion dollar market cap for a company with zero dollar revenue! What could happen if this bubble burst? Sounds impossible? Then check the last 3 correction!!! 60-73% correction happened in each!!! Potential price drop: 40-70% Reward/Risk:3 Timeframe: 3-6 months
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If covaxin gets Approved for emergency use in the USA, do you think it will get any of the market as it seems USA has already purchased enough of the Pfizer and moderna vaccine for their entire population? OCGN partnership for covaxin states it can only sell in the USA. Any thoughts?
TheSuffix
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@Jljpsp It looks like they getting that approval today.
Jljpsp
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@TheSuffix, thanks for the update. Where did you hear about the approval?
pureplanet
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Next If the vaccine is safe and effective at 70-80% the entire Asian market will be open to vaccination.
PT: 30$ ---- 60$----------90$--------------150$
Angelik30
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True
IwasYouWereHeWas
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I feel like this company has still some potential to bring exponential profit to traders.
dpdelorimier
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Not sure if you saw, but India's Prime Minister just took his Covaxin CoVid19 vaccine... Thinking this is a long play ladies and gents
phaminfinity
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I don't understand how a company with zero revenue since Q3 2014 besides the measly 42.62K in Q2 2020 has a 2.059 B market cap. Over valued.
Gunny_B
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I also look at your analysis here, after every correction is a massive jump to a new high! Thanks for sharing your work!
resulfox
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Curing retina issues with their new drug ,potential blindness cure ,plus covid vaccine collab!
If the whole market goes down,it will follow,if not ,I don't think it's price is not justified!