Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
I think the sellers today are the fund managers. You can see from the transaction are with high volume(some are millions in single transaction). The reason is simply, they r trying bring the price down so that they win back from warrant.
Sinopharm, the China front liner vaccine company claimed that they can produce 300 to 400 millions doses each year. That’s mean it will take several years to fulfill the 1.4billion their population need. Same for US & UK, for sure they will help their own citizens first. So for other countries like M’sia might need to wait for much longer time.
The China vaccine stock(Cansino) drops 1.8% today & US vaccine stock(Moderna) also drops 2.4%. Yesterday. Since all these front runners vaccine stocks are continuous dropping & I don’t understand why so many people here panic & start selling their glove stock?
Stevenyong100 who tell you that when vaccine out no need to use glove anymore? By the way, if you did follow the Covid vaccine news closely, you should know that vaccine is only 60-70% effective based on the US expert(Dr.Fauci ). It is going to take long time (May be 1-2 years) to end the pandemic even the vaccine is available.