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Dr. Fly

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.

UPDATE: NJ PATIENT DOES NOT HAVE CORONAVIRUS

UPDATE: “After an evaluation of the patient and consulting with the State Department of Health, experts have determined the patient does not have the Wuhan Coronavirus. Due to patient privacy, we are unable to provide additional information,” the hospital said in a statement

It is being reported that a patient at the Hackensack University Medical Center is being investigated for having the CoronaVirus. BIG IF TRUE.

The patient, a 25-year-old woman, was transported to the hospital on Thursday evening by the Edgewater Emergency Medical Services, according to EMS sources.

“The hospital, the Department of Health and local health officials are working together to gather additional information,” said Donna Leusner, a spokeswoman for the state Health Department.. “No definitive diagnosis has been made regarding the patient.

“As a precautionary measure, the hospital is following all appropriate infection control protocols,” she said. That would include isolating the patient.

This is massive market moving news for virus stocks.

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QUARANTINE EXPANDED TO 9 CITIES IN CHINA AS INFECTIOUS VIRUS SPREADS WORLDWIDE

Lots of events are developing as we speak. The CoronaVirus is just getting started and my stocks are responding in kind. Massive gains ahead for quick witted Merchants of Death.

This is what’s new right now.

  • Two cases confirmed in Vietnam
  • Several people being monitored in Canada for infection
  • Four more cases of Wuhan coronavirus confirmed in Beijing
  • Health ministry confirms second case of coronavirus in Japan: a man in his 40s visiting Japan from Wuhan
  • 9 cities in China are in lockdown — unprecedented for country — totaling 32 million people
  • China allocates RMB 1 billion (US$144 million) to fight the virus
    Death toll rises to 26 

On the Beijing claim, a member inside the Pelican Room says his mother is a doctor in Beijing and was on “the front lines” for SARS and the people diagnosed in Beijing are NOT from Beijing. Whatever.

You get the gist.

In what perhaps could be the most interesting aspect to all this is a Bio-Weapons facility located in Wuhan — which has been a subject of concern for many years.

Dated 2017

A laboratory in Wuhan is on the cusp of being cleared to work with the world’s most dangerous pathogens. The move is part of a plan to build between five and seven biosafety level-4 (BSL-4) labs across the Chinese mainland by 2025, and has generated much excitement, as well as some concerns.

Some scientists outside China worry about pathogens escaping, and the addition of a biological dimension to geopolitical tensions between China and other nations. But Chinese microbiologists are celebrating their entrance to the elite cadre empowered to wrestle with the world’s greatest biological threats.

“It will offer more opportunities for Chinese researchers, and our contribution on the BSL?4-level pathogens will benefit the world,” says George Gao, director of the Chinese Academy of Sciences Key Laboratory of Pathogenic Microbiology and Immunology in Beijing. There are already two BSL-4 labs in Taiwan, but the National Bio-safety Laboratory, Wuhan, would be the first on the Chinese mainland.

The Wuhan lab cost 300 million yuan (US$44 million), and to allay safety concerns it was built far above the flood plain and with the capacity to withstand a magnitude-7 earthquake, although the area has no history of strong earthquakes. It will focus on the control of emerging diseases, store purified viruses and act as a World Health Organization ‘reference laboratory’ linked to similar labs around the world. “It will be a key node in the global biosafety-lab network,” says lab director Yuan Zhiming.

The Chinese Academy of Sciences approved the construction of a BSL-4 laboratory in 2003, and the epidemic of SARS (severe acute respiratory syndrome) around the same time lent the project momentum. The lab was designed and constructed with French assistance as part of a 2004 cooperative agreement on the prevention and control of emerging infectious diseases. But the complexity of the project, China’s lack of experience, difficulty in maintaining funding and long government approval procedures meant that construction wasn’t finished until the end of 2014.

The lab’s first project will be to study the BSL-3 pathogen that causes Crimean–Congo haemorrhagic fever: a deadly tick-borne virus that affects livestock across the world, including in northwest China, and that can jump to people.

Future plans include studying the pathogen that causes SARS, which also doesn’t require a BSL-4 lab, before moving on to Ebola and the West African Lassa virus, which do. Some one million Chinese people work in Africa; the country needs to be ready for any eventuality, says Yuan. “Viruses don’t know borders.”

Gao travelled to Sierra Leone during the recent Ebola outbreak, allowing his team to report the speed with which the virus mutated into new strains1. The Wuhan lab will give his group a chance to study how such viruses cause disease, and to develop treatments based on antibodies and small molecules, he says.

Coincidence or another SARS like leak in China costing the lives of innocent citizens?

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Serious Revisions to Chinese GDP Coming

Look at copper and crude getting fucking cremated. That’s a rather morbid word, isn’t it?

I don’t give a shit what the Chinese say — their economy is going down the shit-hole with this Corona Virus business. Only three provinces in the entire country are without reported infections. This is the beginning of a pandemic scare and I happen to be Johnny on the Spot with the pandemic trades — being a grizzled veteran in this contagion game. I’ve traded every single tape and every single narrative. This is, in my estimation, a very unique situation and falls into the “black box” theory that I love so much.

No one knows anything. Therefore, you can buy XYZ based upon the ephemeral dream of grandeur.

If you followed me into NNVC, NVAX, and LAKE yesterday — you’re killing it. Another morbid word. No more free picks for you fucking free-loaders.

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The Wuhan Virus Has Only Just Begun

There are reports out of Scotland that 4 people might have the Coronavirus. Three cities in China are now under orders of quarantine: Huanggang, Wuhan, and Ezhou.

Here are some other headlines worth your perusal.

Coronavirus spreads more easily from person to person than previously thought, says WHO official
Indian nurse in Saudi Arabia diagnosed with Wuhan coronavirus
Singapore confirms first case of Wuhan virus -CNN
Global count of cases now stands at 622 #coronavirus

I am posting these as I get them via my Twitter account. Feel free to fucking follow me there, since the blog is an antiquated form of prose.

Bottom line: Look towards stocks that performed well during the Ebola, SARS, and Zika scares. This is the flu, but on crack, and it will pass. But we’re in the beginning stages of it and before we can feel good about it dying down — we first need it to crest — which will entail many more people getting sick, unfortunately. Perhaps don’t serve and eat BAT SOUP — which is rumored to be the cause of the infection.

Nevertheless, I am actively scouring and trading stocks that should benefit. I placed a watchlist up in Exodus — dubbed ‘Contagion.’ Here’s a sneak peak.

As for the overall market, it might cause a brief sell off. I suspect this whole ordeal will be yesterday’s news within a fortnight.

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+++PANDEMIC FEARS+++

Singapore just declared their first Wuhan virus victim. Fear is boiling to the surface and the nation of China is scrambling to figure out how to cure the virus. Dare I say, try CBD oil?

Yesterday I doubled down on NNVC, NVAX, and LAKE. Go and check them out.

We’re in the early days of contagion. The winter is long and filled with horrors.

Trade accordingly.

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Wuhan is Officially Under Martial Law — No One Enters or Leaves the City

They’re testing people for fever and then placing them in quarantine camps, like the one’s in the leaked video below. But some people are taking fever suppressants in order to leave China and visit Disneyland.

Obviously, China is hiding something. People are probably turning into fucking zombies and eating each other’s brains. Why in the fuck are they blocking off the city like the Black Death is upon them?

City officials are now gassing the fucking city, treating them like cockroaches, in an effort to stem the tide.

Does this look like the flu to you?

As for the official toll, they’re saying 577, but scientists in the UK say it’s much higher — possibly 4,000+.

Stay tuned for more Merchant of Death news tomorrow.

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Spiraling into a Wanton World of Swashbuckling

I’m in a constant state of annoyance. My responsibilities have grown exponentially over the years and it vexes me. I recall about a decade ago, sunning in my yard, drinking a nice beverage, thinking to myself “I live a charmed life.” I thought it would last forever, and it did for a long time. My face didn’t age and my demeanor was care free and without fear of risk. Then around the time I turned 40, things started to blacken for me — not in a financial sense but in a life sense. Hard to explain without delving into personal details that have no place on the fucking internets. Let’s just say my life isn’t as easy as it once was and I am often harangued by trivial problems that are amplified by the volume of said trivialities.

I am going to the Benz dealership tomorrow morning for yet another repair.

This Saturday I depart for Princeton and then Bronx for family related issues, none of which are pleasant but in fact quite somber and downright rotten. My trading hasn’t suffered up until today, thanks to a sojourn into a ridiculous amount of risk that was traded poorly because I had been away from the desk all day yesterday, tending to issues at home — related to my departure on Saturday.

If I could paint a perfect world for me it would be without conflict, spending afternoons at Museums or others places of intellectual interest or nature. I enjoy morning activities and doing things that are meaningful. When I waste time I feel guilty and I lament the lifestyle of a wastrel more than anything else. Productivity and discipline brings me happiness. In order to be care free, things must go well for me, both professionally and personally. My problems likely pale in comparison to many of yours, but we all live in our little micro-worlds and each is equally important.

To fix my problems I need Exodus 2.0 to be finished, which is taking wayyyyyyyyyyyyyy longer than expected — currently in its 10th month of production. I need to feel better physically, which I am addressing at the gym and diet. And lastly, perhaps the most difficult to solve, is possessing a feeling of contentment. I just don’t feel the same way I used to and I want it back.

As for the trading account, I booked the following trades today.

ALT – wash
(APT -14.5%)
KMDA +1.5%
WATT +7.7%

I also doubled down on LAKE, NNVC, and NVAX.

(Tips hat)

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Updates From the City of Wuhan — MARTIAL LAW EDITION

Beijing has ordered the city of Wuhan to be quarantined due to the Coronavirus concerns sweeping the city. Mathematical models suggest over 4,000 have been infected. Social media has been able to share some details that would otherwise be kept from the unwashed public.

This is from a journalist in China, discussing events in Wuhan.

Just talked to a friend who lives in #Wuhan and learned about some rather shocking insights regarding #WuhanPneumonia – 1. Almost all masks and other healthcare supplies are all sold out, and local government is reportedly calling for supplies from other cities.

2. The local market where the #WuhanCoronavirus originates remained open for another week after initial reports about the virus surfaced in local media. However, people were originally advised not to worry about it because they were told the virus is not “transmittable.”

3. While information on social media is more accurate and reliable, most business owners and buyers who usually visit the market are people who don’t receive information through social media, according to the friend. This left them unaware of the latest updates about the virus.

4. Local government in Wuhan only started alerting local residents about the full picture of the #WuhanCoronavirus until three days ago, the friend said. A team of experts were reportedly sent to Wuhan to inspect before experts reveal more information on CCTV.

5. Since detailed information about the virus became available to local residents, my friend said 95% of the people in Wuhan now are wearing masks and topics related to #WuhanCoronavirus also became the most trending topic.

“First time in my lifetime to see the fear that is so bloody obvious, filling up the city,” the friend told me.

And some headlines from the CNN #CORONAVIRUS news wire

Wuhan announces transportation lockdown
CDC testing several people in US for possible Wuhan virus
Five more Chinese provinces report new cases
Wuhan’s Olympic qualifying events canceled
Face masks are made mandatory in Wuhan
One person under observation in Mexico

As for my embattled biotech positions, I culled three and double down in the other three — placing me in the Uncut Gems like gamblers chair which is sure to work out in my favour.

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FLY REKT: CORONA VIRUS FEARS DISSIPATE — WHISKING AWAY ALL PROFITS AND MORE!

Both NVAX and NNVC were +20% from my basis yesterday, with LAKE another 15%+ to boot, yet I didn’t take any profits. Do you know why? Not because I wish casted for a cordon of doom to be pulled over the city of Wuhan with pandemic fears, but because I was busy. If I told you what I had to do, you’d probably laugh. It was so trivial it makes talking about it juvenile.

So I rode into the sunset with a trading portfolio filled with shit. 35% of my holdings concentrated in CORONAVIRUS runners, causing me to become a Merchant of Death — up late at night scouring the news in macabre fashion for instances of death. If I believed in karma, I might propose this is a bad way to behave and it might come back to me in spades.

Immediately after the close NVAX filed for a secondary, trashing shares. But it was okay, since I had NNVC, APT, and LAKE up sharply in the AHs — as Chinese authorities warned of more death and mayhem. And then it happened. Around 6:30am, when I awoke from my slumber, NNVC was indicating -55% on news of a secondary 65% below the closing price and I knew it was over. Both LAKE and APT were still higher, but I knew they’d come down and hard.

Today I stand before you a shattered man, clothes in tatters, chest caved in from 4 consecutive double digit drops in NNVC, LAKE, APT, and NVAX. It’s especially SAD because I had profits and they dissipated because I had to go see about a dog sitter.

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CORONA VIRUS SPREADS: CHINESE AUTHORITIES SUGGEST REMAINING IN CITY OF WUHAN AS VIRUS MUTATES

Lots of breaking news on the pandemic front this evening. It appears the fucker has gone viral, in the worst way possible. Chinese authorities have all but sealed off and quarantined the city of 10 million dishwashers at Wuhan. As you know, the first case, probably of many, was identified in Seattle. Let us pray for more Asian immigration into that diverse city. No walls. People deserve to travel.

CLICK HERE FOR LIVE UPDATES

**CHINA’S NATIONAL HEALTH COMMISSION OFFICIAL JIAO SAYS TAKING MORE STRICT MEASURES IN HOSPITALS TO PROTECT HEALTHCARE WORKERS IN VIRUS OUTBREAK

**CHINA’S NATIONAL HEALTH COMMISSION VICE MINISTER LI SAYS AUTHORITIES SUGGEST WUHAN RESIDENTS REMAIN IN THE CITY

**CHINA’S NATIONAL HEALTH COMMISSION OFFICIAL JIAO SAYS INFECTION OF MEDICAL STAFF IN VIRUS OUTBREAK SHOW THERE ARE LOOPHOLES IN TREATMENT METHODS — SAYS SO FAR HAVE NO EVIDENCE THAT THERE ARE ‘SUPER SPREADERS’

**CHINA’S NATIONAL HEALTH COMMISSION VICE MINISTER LI SAYS THERE HAS BEEN EFFECTIVE WORK ON TRACKING THE SOURCE OF THE VIRUS

**CHINA’S NATIONAL HEALTH COMMISSION VICE MINISTER LI SAYS THERE IS EVIDENCE OF RESPIRATORY TRANSMISSION FROM PATIENT TO PATIENT

** China’S National Health Commission Vice Minister Li Says Live Animals Including Poultry Are Not Allowed For Entry In Wuhan

— Says 440 Confirmed Cases As Of End-Jan 21 In 13 Provinces — 9 dead

**CHINESE EXPERTS ARE SEEING A POSSIBILITY OF A CORONAVIRUS MUTATION. – XINHUA

**US Center for Disease Control activates Emergency Operations Center

**New virus strain has already spread to five countries

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