no deal, no negotiations. My thesis still remains bad Covid results, hoping on stellar hiv results to save the bacon.
i still wouldn't touch this one now. For me, I would consider it on stellar results (and find out what's happened to the Covid results, why market hasn't been updated). I'd miss the upside, but I'm all risk managing the, significant downside risks here. I wouldn't fomo straight in on the results drop, as there is likely to be CR/SPP (will see more in the next quarterly).
frrom my experience, stocks where key deadlines are continuously missed, holders aren't updated, and it solely exists due to CR and gov hand outs, aren't wealth winners. Particularly when it's been going for 20 odd years.
still doesn't mean you can't make money out of the old dog!
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