of course it smells. but apparently 100% legal. It is a way for companies to pay their CEOs.Anyone find it odd that the CEO of Pfizer sells 62% of his shares the same day he announces a possible vaccine?
Edit. It was after the 8% stock jump
Pfizer's CEO cashed out $5.6 million of stock after trumpeting its COVID-19 vaccine. That's 30% of his total compensation last year
Albert Bourla earned a total of $18.2 million in salary, bonuses, and long-term stock awards in 2019.www.businessinsider.com
Coronavirus
- Thread starter C.B. Brown
- Start date
^^^^^^^ But if the vaccine works as they claim the share price would go up a lot more, why not wait and pull in a larger profit?
It’s certainly not the truth. NOT A FAN OF CUOMO. But when you have a president doing shady shit to get re-elected (didn’t work btw, lol) a secondary board to make sure stuff is legit and quell the hesitancy of those who might feel vaccine is being pushed out because Trumpys callin all ceos to crank it out by Election Day is not a bad idea. But Trumpys not pres anymore :,-( so maybe Andy C should lighten the fuck up with rhetoric. On the flip side Trumpys to busy wavin to the proud boys via a motorcade as they are marchin today and not telling sleepy joe what he needs to “always be in the know”!
What part of my original post are you in disagreement with other than the source? Trump did rip Cuomo and he did say that NY won't get a vaccine until Cuomo approves it.
The secondary board you speak of is called the FDA, not a governor. The FDA will approve the vaccines use. Even the great Lord Fauci has publicly approved the vaccine. All Trump did was to encourage the drug companies to expedite the completion of the vaccine. Cut through the red tape and make it happen. I'm sure Trump would have preferred that the vaccine was out before election day, but that wasn't the case. So what?
BTW, Trump is still the president. Here's the article again, please try to read it this time:
Trump rips Cuomo, says NY won’t get COVID-19 vaccine until gov OKs it
WASHINGTON — President Trump on Friday celebrated the recent breakthrough of a successful coronavirus vaccine — but said the people of New York wouldn’t receive it until Gov. Andrew Cuomo got out o…
nypost.com
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The vaccine may work as well as claimed, but if the distribution bogs down, then the stock will drop
Get ready for the post-Thanksgiving Day weekend surge!
www.cnn.com
Physician predicts 'unprecedented surge' in US Covid-19 cases after Thanksgiving | CNN
Coronavirus cases in the US will spike after Thanksgiving, further stressing health care systems and prompting new restrictions, an emergency physician said Saturday, as states continued to report soaring numbers of new cases, hospitalizations and deaths.
www.cnn.com
Him selling more than half his stock was obviously big news because that’s a big chunkAnyone find it odd that the CEO of Pfizer sells 62% of his shares the same day he announces a possible vaccine?
Edit. It was after the 8% stock jump
Pfizer's CEO cashed out $5.6 million of stock after trumpeting its COVID-19 vaccine. That's 30% of his total compensation last year
Albert Bourla earned a total of $18.2 million in salary, bonuses, and long-term stock awards in 2019.
Outsiders can only speculate but the only ones who know more are the insiders ... and even they sometimes cannot fully predict how the stock will perform ( many variables) ...the stock price didn’t move that much (8%) with the announcement because the market as usual was already expecting it and the SP reflected that months ago..... having said that he did get to dump it while it made small gains . Maybe he was expecting a bigger jump and when it didn’t materialize he figured it will only go flat for a long time to come or who knows , stock market/manipulation is nothing new in this rigged game but it doesn’t always happen in a way you think it’s going to happen
One things for sure is that if someone already owned this particular stock or was thinking of buying in they now must have some serious doubts of what would be the right move
Not true TNB, Pfizer is part of Operation Warp Speed..even the spokesperson came out and corrected the misconception after someone else from Pfizer told the press they weren’t. They were guaranteed $1.95B if they developed a safe and effective vaccine on the back end. This gave them the incentive to get into the game and invest hundreds of millions of their own money on R&D.
Quebec Covid -19 case are surging:
globalnews.ca
Quebec posts new one day record for COVID-19 cases with 1,448 in past 24 hours - Montreal | Globalnews.ca
The province is also reporting 25 additional deaths linked to the novel coronavirus.
globalnews.ca
The most important things to watch are : the positivity %, the increase in hospitalisations that can overwhelm health care systems.Quebec Covid -19 case are surging:
Quebec posts new one day record for COVID-19 cases with 1,448 in past 24 hours - Montreal | Globalnews.ca
The province is also reporting 25 additional deaths linked to the novel coronavirus.
In USA, all of these are increasing in many states.
A buddy of mine in New York City texted me tonight and told me his luck had run out and he tested positive this morning. He said his symptoms are low grade fever, fatigue, headaches and nausea but his sense of taste and smell are not impacted so far. His wife tested negative, but she must be going bananas because they live together. He said his breathing is OK so far but the doctor told him to get his ass to hospital if he deteriorates. He is at home resting.
This is getting totally out of control! I wonder who is going to be next?
This is getting totally out of control! I wonder who is going to be next?
EB,
I hope your buddy recovers fast and his symptoms remain mild.
My buddies mom went in for a routine operation and contracted Covid in the hospital.
The operation was a success but she died from the virus. She was 82 and relatively healthy for her age.
It is now getting to the point when we are all starting to have people or relatives of people we know get seriously sick or die from this shit.
I hope your buddy recovers fast and his symptoms remain mild.
My buddies mom went in for a routine operation and contracted Covid in the hospital.
The operation was a success but she died from the virus. She was 82 and relatively healthy for her age.
It is now getting to the point when we are all starting to have people or relatives of people we know get seriously sick or die from this shit.
NY, especially NYC has been surging with new Covid cases. But it's not as bad as you would think. As of yesterday it's at 2.2%. It just sucks being part of that 2.2%. The upstate and western region is seeing surges above 5%. The rest of the country is doing much worse than that. Wearing masks, social distancing, washing hands, etc. is really all we have against Covid and it doesn't seem to be working. Lockdowns are coming. I had a minor elective surgery purposely done in September in anticipation of a surge. I read the book "The Great Influenza" about the 1917 pandemic and was convinced that the summer was the calm before the storm. What sucks about my procedure is that there was a slight complication and I need to go under the blade again for literally 10 minutes. So I'm even nervous as shit about that. But as long as the positivity rate stays around 2% it should be fine. If anybody has an elective surgery that they are putting off, your probably better off waiting until the spring if you can.
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I sympathize with you, and I understand you because my mother died in a CHSLD, she only stayed 5 weeks before dying (thank you my God, she didn't suffer very long).
What was sad is that I was the only one in my family who could see her before she left us.
So when I hear people say it's just the flu, and they don't want to follow instructions, it makes me aggressive.
What was sad is that I was the only one in my family who could see her before she left us.
So when I hear people say it's just the flu, and they don't want to follow instructions, it makes me aggressive.
I haven't really heard anyone saying it's just the flu. Flu like symptoms, yes, but that's about it. We have plenty of therapeutics now and a better understanding of Covid which is probably why the death rate is still relatively low. Let's hope the next couple of weeks keep the death toll down or else the hospitals will be overrun like they were in April.
Moderna vaccine 94.5% effective. More good news:
www.cnn.com
Moderna's coronavirus vaccine is 94.5% effective, according to company data | CNN
The Moderna vaccine is 94.5% effective against coronavirus, according to early data released Monday by the company, making it the second vaccine in the United States to have a stunningly high success rate.
www.cnn.com
^^^^Yes! The smart people on television were saying that the Moderna vaccine is easier to get to the general public and that the Pfizer vaccine will probably be used in Hospitals and medical offices that are better prepared to keep it cold.
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