TSX:REI.UN - Post by User
Comment by
BlueGuitar1on Dec 18, 2020 10:21pm
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Post# 32146133
RE:RE:RE:who are the morons selling and why?
RE:RE:RE:who are the morons selling and why?At least J&J has some animal studies. That's a positive. Moderna skipped that whole step of animal testing. That's never been done before. Several people got Bell's Palsy from it and several are allergic to the Pfizer one. And there are no long-term studies for any of them. Most vaccines are excellent, but these are rushed out like never before.
These vaccines will do nothing for the short term and Christmas gatherings are going to happen and many will spread the infection. We will see numbers climb like crazy in January. Probably will see people panicking. And definitely lots of bankruptcies. The economy is killed.
And imo, the only stocks going up are those classified as Covid stocks.
Not investment advice, but I am going full defensive now and building a large cash position. Not buying RioCan at this time but will consider more Covered calls. Good luck everyone because we are all going to need it.
CANCDN wrote: future looks sunny to me. As soon as the J&J vaccine in approved, this is over. Cramer posted that they liekly have a billion doses stockpiled already. Moderna and Pfizer are going to be c rap in about 1 month.
J&J monkey trial single does. 40 monkeys purposely exposed to high viral load of covid. 20 monkeys got very sick. They were give a placebo. 20 monkeys had no symptoms and had zero covid inside lungs and nasal cavities despite living with sick monkeys. They all had the J@J vaccine.
once this get through approvals by early Feb, pandemic is over at J&J has enough vaccine for entire western world ready to go and Moderna will be back to being an unknown.
Just look a last pandemic in 1918. Most prosperous period in history followed that 2 year period.
BlueGuitar1 wrote: Because the economy is sh#&. A lot of immigrants don't pay taxes. Dividend is cut significantly. Future looks cloudy. Vaccine has no long-term safety track record. Again- future looks cloudy.