iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

The COVID Vaccine Stocks Continue to Get Destroyed — Why?

Think about the moat these bastards have on the vaccine biz — deploying militaries around the world to force its citizenry to take their product and continue to take their product in spite of the virus it is supposed to protect them from being entirely benign in 99.7% of the people it infects. Now imagine this vaccine also not protecting its customers the way it was originally advertised but the data doesn’t matter because the governments work tirelessly to get new customers for Pharma execs and the tyranny runs so deep and dark they’re set to introduce these wondrous medicines filled with incidental deaths and injuries to infants, who are in zero danger of serious illness of death.

And in spite of all that, look at the failed share prices of MRNA tech companies like MRNA, CVAC and BNTX.

Why, Bill Gates’ backed CVAC is down a mind-boggling 85% from its high and Moderna, wonderful Moderna, is down 65% from its highs, in spite of so much coercion to drive business directly to them.

Has there ever been a more controversial group of companies ever? It’s a Tale of Two Companies, with about half the people praising in sycophantic adoration the virtues of a “vaccine” that does nothing to stop the spread of a virus that kills very few outside those immune-compromised and the other half forevermore believing these companies are the spawn of Satan himself and should be stopped no matter what — at any cost — because they’re evil and such insidious entities cannot be permitted to breathe.

In total, MRNA related vaccine companies have lost ~$500 billion in market cap from the COVID hysteria highs.

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21 comments

  1. juice

    Long live Monsieur le Fly!!

    may you live long & prosper, Sir. 😀

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  2. purdy

    I bought some NVAX yesterday.

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  3. sloop

    It’s been a long time since I’ve posted I doubt anybody remembers me I hope all you guys are doing great I picked up some UPS yesterday that was your lucky hit

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  4. sloop

    Anyway to correct spelling mistakes on this??

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    • metalleg

      1. Learn how to spell.
      2. Proof read before posting.

      I’ve had fat finger moments on this blog so I have to follow my own advice although my spelling ability is a 10 out of 10. Need to check spelling before posting though.

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  5. Mr. Cain Thaler

    People on the twitterwebs are getting real excitable about used car prices so I’ll just dump on their hope now.

    No, used car prices are not declining. My guess is they’re looking at auction data and auction prices always fall off a cliff at the end of December. This in no way is a forward indicator of where prices are headed and in the last three weeks – adjusting for conflating factors like vehicle condition – used car prices are right back where they were. This happens every year.

    Now there is some case to be made that the rise in used car prices is decelerating and they will stop adding almost 2% per annum to CPI, which is good. But that is not the same thing as used car prices going down. And indeed as long as the chip shortage persists I don’t see that happening.

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    • ezthere

      Kingwood Texas here. “Had” a 2001 Ford sport trac 167k mi. Kid hit a Deer. Allstate totaled it out. In a two hour span. They totaled it out and wired $6,500 bucks to my bank. Was the truck worth 6500. I don’t think so. They did.

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    • purdy

      In a couple years maybe folks will pay extra for an old rust bucket in order to avoid the kill switch.

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  6. roguewave

    After the rollout of a 4th dose, Israel now has the highest COVID case rate per capita of any country in the world since the beginning of the pandemic

    Government data (i.e. manipulated data) from Australia, the U.S., Canada, Scotland and England suggest people who have received at least two shots are now showing signs of serious immune system degradation

    Dr. Rochelle Walensky:

    “What we’re really working to do is PIVOT THE LANGUAGE to make sure everyone is up to date with their COVID-19 vaccines”

    Rochelle we don’t need to create a new phrase for that concept. We already have it.

    What we’re really working to do is LIE to make sure everyone is up to date with their COVID-19 vaccines

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  7. purdy

    Why? No clue. …maybe:
    – “They” know that the truth about some undisclosed side effects will come out and these companies will be the fall guys
    – Omicron was manufactured and released as more effective – as well as self-spreading vaccine
    – There is a more effective and less dangerous vaccine that has not yet been approved in the US that will smote these companies
    – They have already gathered enough data on who is a non-compliant questioner of authority and so no longer need to push these drugs (Fly and his ilk will soon be rounded up and sent to an extermination facilities

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  8. traderconfessions

    You just lost any hope of a Spotify gig with this nonsense. Poor Joe. Nobody is dying from the vaccine and chances of no hospitalization is 52X greater for vaccinated. ICUs in butt-fuck parts of America are overflowing with Covid patients who will experience long-haul symptoms for years. Too bad. It is odd that Covid is killing unvaxxed preachers in large numbers. Wonder why. I am against forced vaccination. Let ignorant people get sick. But if you want to go unvaxxed is it so fuckin hard to wear a mask in Publix if it helps some old dude or your fat neighbor from getting sick?

    Now how about my UPST?

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    • Mr. Cain Thaler

      Since masking doesn’t work why don’t we compromise and I’ll wear a crucifix to ward off covid demons instead?

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      • traderconfessions

        When worn properly of course it does. Don’t be that guy. But then again, if we are discussing a strategy to avoid killing people may I shouldn’t take this up with a guy named Cain?

        BTW, there are Covid demons??

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        • Mr. Cain Thaler

          No, it doesn’t. Only if you have properly fitted medical masks.

          Cloth masks – like what we’re all wearing – are not effective.

          https://pubmed.ncbi.nlm.nih.gov/34407516/

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          • Mr. Cain Thaler

            Also worth highlighting with respect to discussing the medical grade masks working:

            “Overall, evidence was weak, lacking statistical power due to the small number of participants, and there was substantial inconsistency in our findings.”

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        • roguewave

          Statistically every year, cars kill more people than Covid – It’s a Fact.
          Drivers kill themselves and others people.

          Have you stopped driving?

          If you were so worried about killing people you would.

          I’m amazed that after 2 years, people are still believe the vacks fairy tale.

          When worn properly – Wrong
          Watch a video with a person wearing a mask properly in cold weather. Breath comes thru the mask, above, below, from the sides. They don’t work, never have unless you wear a full respirator.

          Do you wear a full respirator?

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    • purdy

      Dude. When Fly …or anyone else …decries vaccinating healthy children, they deserve nothing but thanks.

      Don’t be THAT guy.

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    • shy

      In local hospitals, the pattern remains the same since the Delta wave. With the Omicron variant, limited staff and facilities are still being reassigned and repurposed to treat COVID patients. Three groups still dominate the COVID ward: the old, the immunocompromised / immunosuppressed, and the unvaccinated young and middle-aged.

      Considering the strain on hospitals that continues to compromise or disrupt health treatment and the relative cost, it’s simple to see why a state or province that provides health care for its residents would encourage vaccination.

      Sure there are other ways that individuals can reduce the odds of being hospitalized for COVID, such as maintaining a high or elite level of cardiovascular fitness, but imagine the general lack of compliance and resistance to lifestyle changes requiring a daily investment of time and energy.

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  9. Mr. Cain Thaler

    ISM prices paid SURGES. And manufacturing expansion decelerates.

    More inflation coming soon.

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    • Mr. Cain Thaler

      While I am generally very supportive of the idea this bear market rally has legs, I will pause to say that if 10 year treasuries break out to 2% here, this rally gets strangled in the womb.

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