By skyforbes edit: this sub being against it for vibes instead of science and money is all the proof i need that the stock is down and undervalued due to regards. Reverse reddit. Calls.
As we all know Moderna came into being as a cancer immunotherapy company then used their tech to create the covid vax and made a ton of money on it so their stock skyrocketed and now its where it started. Since then the trials for their immunotherapy cleared phase 1, 2, and is now a year into phase 3 and its massively successful in clearing cancer in half the patients.
So we have a product that can generate billions working out and is basically just a couple approvals away from the market. The stock has been shorted to the earth and is stable in the mid 20s while not going further down. So this suggests this is the bottom so already a safe entry point. Low risk of losing any significant amounts. The price factors in lawsuits that will be settled this spring while not factoring in any upside to literal cancer therapies.
before anyone comes at me saying its just melanoma; the pipeline works for any cancer and they can use that data to apply for expedited approvals for the rest of the cancer suit.
lower side seems to be non-existent while the up side seems to be 10x. What am i missing here?
Postion: 30k shares at 27.5 Average.