"Take a Closer Look", page-877

Fact of the matter is the fda approval was a nothing announcement, wp said so himself in the aware query response. The spike was created by ignorant momentum traders and it was always going to "dump" afterwards because it meant nothing to the fundamentals. The fact that dump coincided with trial results that were perfectly in line with expectations, ie vaccine results which ALSO did not change fundamentals, has spawned a huge quantity of crying. The drift down since then is just because the TA outlook after a dump is traditionally very poor, plus capitulation selling by people like lex, no offense lex I've always enjoyed having you here, and tax selling.

But the fundamentals. Still. Haven't changed. The last 4c was cashflow positive and the next one will have a US sales force of 5x the size. That's the only thing in my mind. I feel sorry for all the people who are emotionally invested in this rollercoaster. My recommendation to you is to pay attention to the game not just the ball.