Read on Twitter
$MRNA: IT's a classic pump and dump story.
(The purpose of this thread is to link all the information and save it for the future record/reference)
Let's look at insider selling/buying closely...
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(The purpose of this thread is to link all the information and save it for the future record/reference)
Let's look at insider selling/buying closely...
1/
Shares of $MRNA is up 222% in 1 year
Most of the rise in the stock price came after mid-February on the hope for a vaccine for #COVIDー19
Most of the rise in the stock price came after mid-February on the hope for a vaccine for #COVIDー19
In this 1 year period,
Insider bought ~$1m worth of shares in the open market. Great!
But how much they sold in the open market? Well, about $130m!
https://www.dataroma.com/m/ins/ins.php?t=y&am=0&sym=MRNA&o=fd&d=d
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Insider bought ~$1m worth of shares in the open market. Great!
But how much they sold in the open market? Well, about $130m!
https://www.dataroma.com/m/ins/ins.php?t=y&am=0&sym=MRNA&o=fd&d=d
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You may see that that Stephane Bancel, CEO of #Moderna, has 10b5-1 plan set up and it is because of that.
Well it might be, but if it is this plan is too aggressive. He pocketed almost ~$16m in the last 1 year. Look at the @TESLAcharts's thread here
https://twitter.com/TESLAcharts/status/1262427916501233669
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Well it might be, but if it is this plan is too aggressive. He pocketed almost ~$16m in the last 1 year. Look at the @TESLAcharts's thread here
https://twitter.com/TESLAcharts/status/1262427916501233669/4
On May 18th, $MRNA announced positive result for it's #Covid_19 #vaccine 's phase 1 trial. It moved the market by 3-4%.
(Will this vaccine work? I hope it will but the truth is I don't know. I'm not expert)
https://investors.modernatx.com/news-releases/news-release-details/moderna-announces-positive-interim-phase-1-data-its-mrna-vaccine
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(Will this vaccine work? I hope it will but the truth is I don't know. I'm not expert)
https://investors.modernatx.com/news-releases/news-release-details/moderna-announces-positive-interim-phase-1-data-its-mrna-vaccine
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But look at the screenshot in 3rd tweet closely.
Since May 18, insiders sold almost $35m worth of shares.
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Since May 18, insiders sold almost $35m worth of shares.
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And here is the cherry on top.
Chief Medical Officer sold the most ~9.7m.
https://www.sec.gov/Archives/edgar/data/1682852/000112760220017368/xslF345X03/form4.xml
Now the question is, If they think that the $MRNA is undervalued compare to the revenue it will bring through vaccines, why they sold?
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Chief Medical Officer sold the most ~9.7m.
https://www.sec.gov/Archives/edgar/data/1682852/000112760220017368/xslF345X03/form4.xml
Now the question is, If they think that the $MRNA is undervalued compare to the revenue it will bring through vaccines, why they sold?
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