TSX:SRU.UN - Post by User
Comment by
HermannHalleron Oct 20, 2020 12:33pm
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Post# 31748498
RE:RE:RE:BNN top pick
RE:RE:RE:BNN top pickInteresting perspective Tommy. I think Pfizer will tell us in the next two weeks that their vaccine works. That will get people excited, and more positive about 2021. However, I agree with you about this winter, cases are likely to get much worse, and shutdowns extended prior to people actually getting vaccinated.
So will the stock go down, on possible winter shutdowns, or will it go up, on vaccine enthusiasm? Tough question. As it is still down 35% from february, my bet would be that it goes up.
Of course there are lots of unkowns. will Pfizer be successful? Will shutdowns extend to retail? (currently I think just gyms and restaurants being shut in hotspots).
Good luck.