The fast track program was a publicity stunt. Our government has not given a thin dime to Pfizer. All results stemming from their challenges have been financed through their own efforts. It is and always has been advantageous for pharmas to come up with much needed solutions to the pandemic. They will surely reap their own deserved harvest.
I'm surprised you don't factor in the effect of the Houston Methodist initiative/partnership announced today. Granted, it may take several years to be meaningful money-wise for us longs, but it's at least a very promising carrot in front of us.
Houston's Methodist Hospital is a wonderful institution, I can attest to that personally. Twenty years ago they arranged for me to undergo eye surgery and they secured the necessary funds, paying my bills. I had lost more than 50% acuity in one eye and most in the other. They picked up the tab entirely as I was too young for Medicare and had no insurance due to terrible circumstances at the time.
Today, at 80 years of age, I read all day and evening without glasses!
Regarding your prediction of the coming dump? You may well be right as sharp rises tend to be followed by steep declines. However, I sold some shares of RCEL today at huge profit and am extremely well positioned to take advantage of opportunities likely to unfold in the coming weeks. So as far as I am concerned, let the good times roll and they have been rolling for some of us daring to remain in the game.
