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I Want a New Drug

This is a syndicated repost published with the permission of Slope of Hope – Technical Tools for Traders. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

I’m sure the anti-vax crew on Slope is gritting their teeth at Merck (MRK) roaring higher today based on yet-another-Covid-drug that will throw off ungodly profits (after accounting for executive multi-million dollar annual compensation).

At the same time, other accidentally Covid beneficiaries aren’t doing so well. MRNA has lost about one-third of its peak value…..

While BNTX has it even worse, having lost about half its value!

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