Cytodyn Inc (CYDY)

[Scooter McCabe]

About that "when" part:

https://www.sciencemag.org/news/2020/08/russia-s-approval-covid-19-vaccine-less-meets-press-release

So a drug tested on 76 people gets the go ahead from an authoritarian regime looking to solve a problem.

Phase 3 Approval based on Phase I Data:

https://www.biospace.com/article/russia-approves-covid-19-vaccine-ahead-of-phase-iii-studies/

Washington Post (Same outlet that dunked Adam Feuerstein):

https://www.washingtonpost.com/world/russia-unveils-coronavirus-vaccine-claiming-victory-in-global-race-before-final-testing-is-complete/2020/08/11/792f8a54-d813-11ea-a788-2ce86ce81129_story.html

They dig into it and show the problems with this COVID treatment turned political power play.

So Why Did The Market Drop On The Russian Announcement?

No one does Due Diligence any more. People take headlines at face value. Even worse they take governments at face value. So emotional/lazy money threw itself in one direction.

It will come running back as no other Western market or healthcare system will except this.

So this is why they say only the longs really profit. Jumping at every piece of news will just leave you broke.