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fact is, for the next year at least, the only positive outlook in the market is anyone involved in trying to defeat this virus. any of your standard stocks, retail, Oil, IT etc are only going down
in these times it has got to be worth holding long term to wait on the outcome of any trial. happily invest my money in a company trying to solve this crisis than any other scum like sports direct
very hard to get spiked in the long term on a stock thats so low and has just announced potentially game changing news. If their trial is successful it would make them the richest company in the world right now, everyone would be at their beck and call
I Fail to see how you think the SP will fall to 0. this company had 4.4bn in revenue last year. theyre business rates are suspended so theyre saving money through the downturn. They simply are not going to go bust, gvts will not allow companies to go bust due to COVID 19
im going long on this one now. made some money, lost a bit, but at this price i think post shutdown its heading back for 200p. any debt it does have will be covered by favourable gvt backed loans across the world, and theres giong to be a back log of blockbusters people want to watch