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Posted On: 04/13/2020 10:14:03 AM
Post# of 149459
“If this didn’t move on the news this morning, I am starting to doubt this will move above 3.25 in the next 6 months.”
The news this morning was nothing more than an update and not an SP mover. We know what we need from the COVID indication to move the SP and it’s not sporadic updates. Therefore, the market’s response to this mornings PR has nothing to do with how the market will react in the future to substantial PRs on the COVID, HIV, or cancer front.
The news this morning was nothing more than an update and not an SP mover. We know what we need from the COVID indication to move the SP and it’s not sporadic updates. Therefore, the market’s response to this mornings PR has nothing to do with how the market will react in the future to substantial PRs on the COVID, HIV, or cancer front.
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