RE:RE:RE:RE:RE:CIBC upgrade $58 CADAUTO - Guess we'll find out in a couple of weeks how this variant plays out, in the meantime, the mere mention of it has been enough for the TSX to have it's biggest drop since January - Good Times Indeed: “We understand the concern of experts and have immediately initiated investigations on variant B.1.1.529,” BioNTech, the German company that partnered with Pfizer to make its Covid-19 vaccine, said in a statement Friday. “We expect more data from the laboratory tests in two weeks at the latest.”
The new variant appears to be spreading rapidly in parts of South Africa and scientists are concerned that its unusually high number of mutations could make it more transmissible and result in immune evasion.
BioNTech said the upcoming data would shed light on ”whether B.1.1.529 could be an escape variant that may require an adjustment of our vaccine if the variant spreads globally.”
For months, the heads of both Pfizer and BioNTech have said that the companies can adapt their vaccine, which uses mRNA technology, within six weeks and begin shipping first batches within 100 days, if needed.
Auto wrote:"Fiddy Every cv variant is a huge unkown. Maybe the earth will stop spinning. Maybe all human activity will grind to a permanent halt (but probably not) I am happy to continue to collect (drip) ENB below 60. Shares collected below 45 I will sell above 50. At 60 the yield drops to ~5.5% and I will stop dripping. That's my plan and I'm sticking to it."