Results 1 to 5 of 5

Thread: Moderna

  1. #1

    Join Date
    Aug 2011
    Location
    Mississippi
    Posts
    371

    Question Moderna

    So, for those of you following Moderna stock, would you expect it to be worth more when product actually starts shipping? I know I would. But as of today, I'm looking at a better than 80% return on my purchase. I'm tempted to sell right now! Anyone had experience with the BioTechs and have some historical perspective?
    Scott Harrison
    Senatobia, MS


  2.  
  3. #2

    Join Date
    Aug 2011
    Location
    Mississippi
    Posts
    371

    Default Re: Moderna

    I sold. I couldn't wait. A bird in hand...
    Scott Harrison
    Senatobia, MS

  4.  
  5. #3

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    2,802
    Blog Entries
    45

    Default Re: Moderna

    Probably best to unload it now. Unless you have a major drug company, those small companies are still lotto's.

    Jeez, could have bought this the day of the major gap up in November and still made a big payout.

    Moderna has actually been one of the early speculation plays on a vaccine. The charts don't do much justice because of the past few weeks ramp, but it went from 20-30 in just two weeks in March.

  6.  
  7. #4

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    2,802
    Blog Entries
    45

    Default Re: Moderna

    CFRA analyst update today:

    Moderna (MRNA 153 ***): CFRA lowers our opinion to Hold from Buy. We raise our target price by $23 to $146 to reflect higher optimism for MRNA’s later-stage programs. MRNA announced today that it intends to seek FDA authorization for its Covid-19 vaccine (mRNA-1273); its shares have surged 46% over the past few days to reflect, in our opinion, robust demand and increased confidence. However, we lower our rating as we think that it’s difficult to continue to remain bullish on MRNA at current share prices when so many critical variables related to Covid-19 vaccines remain unknown.

  8.  
  9. #5

    Join Date
    Aug 2011
    Location
    Mississippi
    Posts
    371

    Default Re: Moderna

    I think I made the right move. It opened even higher this morning, but there's been some profit taking. I am happy with my trade and now I'll look for something else. Thanks for the input!
    Scott Harrison
    Senatobia, MS

  10.  

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
Moderna
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Moderna
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Moderna
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Moderna
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes