$MRNA: IT& #39;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& #39;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
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

/3">https://www.dataroma.com/m/ins/ins...
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& #39;s thread herehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Right pointing backhand index" aria-label="Emoji: Right pointing backhand index"> https://twitter.com/TESLAcharts/status/1262427916501233669

/4">https://twitter.com/TESLAchar...
On May 18th, $MRNA announced positive result for it& #39;s #Covid_19 #vaccine & #39;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& #39;t know. I& #39;m not expert)

https://investors.modernatx.com/news-releases/news-release-details/moderna-announces-positive-interim-phase-1-data-its-mrna-vaccine

/5">https://investors.modernatx.com/news-rele...
But look at the screenshot in 3rd tweet closely.

Since May 18, insiders sold almost $35m worth of shares.

/6
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">https://www.sec.gov/Archives/... the question is, If they think that the $MRNA is undervalued compare to the revenue it will bring through vaccines, why they sold?

/7
Who they sold to? To retail.

Look at the number of robin hoddies holding the shares of $MRNA. Retail investors went crazy #FOMO

/END
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