Moderna Inc (MRNA)

[Gpheart2016]

Michael TRed still does not understand the stock market. He says, “ scams over.” Moderna will announce quarterly earnings on Feb 24. The consensus estimate is $9.54 and we know they have contracts through 2022. There is no scam. There is an amazingly profitable company changing the way medicines and vaccines are produced.
Obviously the company’s stock has been hammered over the past 3 months due to the meteoric rise in price before an earnings miss last quarter, exacerbated by a massive correction in the whole market. These events always lead to a recovery which may turn out to be quite dramatic……Don’t hold your breath; the recovery may happen tomorrow but could be a month or longer away.