Nothing is over until Wall Street says it’s over
And guess what: shares of Moderna and BioNTech are cratering
The hedge funds have finally realized there will be no fourth shot. And that mRNA technology, erm, still has a few issues to work out. (1 billion people aren’t gonna love hearing that, but too late now. Mistakes were made, stuff happens, amirite?)
Moderna and BioNTech are down 8-10% today, 60% since August. Oh, how I wish I could have shorted them.