Watching about 20 Covid Stocks at present24 Nov 2020 16:55
with one or two very small exceptions every stock has tanked since Pfizer announced their 90% effective, expensive, not yet approved, not easy to transport very limited supply vaccine. followed by Moderna 95% effective, not as expensive but not cheap, not yet approved, fairly easy to transport, even more limited supply, vaccine and then this week the Astra Zeneca, 90% effective in the right dosage, cheap, not yet approved, easily transported and stored 3 billion doses available vaccine.
These are all good news but none will remove the need for all the other tests, masks and several other potential vaccines for many months or even a couple of years - so why is every stock tanking ? Complete panic by PI's ? Lack of comprehension about what is happening. Stitch up by major companies ? Wish I knew - any theories ? I'm holding the stocks I have by the way not sold any - just getting poorer every day for reasons that elude me.