OCGN dipped last week with the announcement that they would apply to the FDA for a full approval rather than emergency use of their Covid vaccine Covaxin. The WHO is currently reviewing data from Covaxin and likely to approve the vaccine given that it is already in worldwide use by many countries. Daily
OCGN can see a little lower, probably under the April low, but it looks like a bargain. Recently healthcare institutions subscribed a $100 Million offering at $10.
ReplyDeleteShort term targets are shown and looking further out OCGN likely to head back towards the February high of $18.
ReplyDeleteHere’s a terrifying read....
ReplyDeletehttps://b3d2650e-e929-4448-a527-4eeb59304c7f.filesusr.com/ugd/593c4f_b2acdef3774b4e9ca06e9fae526fd5cd.pdf
Page 6-7... Covid vaccine unsafe for use in humans
Wonder what would happen if vax had to be halted/recalled??
That's the fear as the mass immunization continues. This market is just psychology after last year's panic.
DeleteVolatility will come back as people become anxious.
People don't trust mRNA vaccines because they are not proven over time. MRNA stock taking a hit today.
DeleteA vaccine is 0% effective if people will not take it.
NVAX doing well. Different technology. People want choices. OCGN based on traditional technology.
Spike protein is toxic. These morons chose the deadliest part of Cov2 to make antigens against. If Cov2 is a gun, the spike protein is the bullet. It doesn’t matter if you use traditional vacx and inject 50 billion spike protein bullets into you or if you inject a blueprint for your own body to become a spike protein bullet factory all day long - the result is the same: vascular damage, blood clots and prion diseases. Though I would argue the mRNA vacx is more dangerous because there is no OFF mechanism so the damage continue s indefinitely.
Deleteyou left out infertility
DeleteJust curious, if you don’t mind answering, did you get the vaccine? I did.
ReplyDeleteYes Pfizer even though their stock is a dog and lower than last year. The CEO sells
DeleteNope. I’m in the control group. I never took any vacx and I never will no matter how many doughnuts, burgers& fries, weed, and lottery tickets they offer for one reason....can’t sue the manufacturer for liability.
DeleteIf the company won’t stand by their own product, then why the hell should I take it?
GUSH slumping into Fed meeting.
ReplyDeleteWell done Louis!
ReplyDelete"Ocugen shares rise after securing manufacturing partnership for COVAXIN in the U.S."
DeleteWonder if KODK will retest $6-7?
ReplyDeleteIt can. KODK starting to interest me again. It could see a low in the next week and pop early July I think
Deletei will never take a vaccine havent taken one since im 12
ReplyDeleteSC
ReplyDeleteDo you still see April lows for OCGN with the partnership?
OCGN still does look heavy. I'm being fairly cautious. Although generally I like the way the company has developed, it can see lower.
DeleteTheir data has always been very positive but I have a suspicion that they may have some bad data coming out. This could mark a low and where I want to enter.
Took profit on the Biotech short XBI $133.60. I had some puts which spiked today.
ReplyDeleteFed will ignore inflation which will, of course, lead to a massive spike in Oil.
ReplyDeleteAre buying Gush?
ReplyDeleteNo, not yet. Waiting for pullback first
DeleteIran should pump first
DeleteWkhs giddy up
ReplyDeleteSC, do you think the vix is going to 12?
ReplyDeleteThe market is very quiet which does force volatility lower. So it might
DeleteSc you had said spx will top out in June.. is this still the case ?
ReplyDeleteSPX moving so slow now I just look at it once per week. It looks dead on arrival. Someone bring out the defibrillator
Delete:-)
DeleteThis could take a long time for SPX to top out at this pace and before it's ready for downside. Very slow which is going to pressure UVXY down further. However, calm periods precede volatile periods so remember that.
ReplyDeleteSC, do you have any slop?
ReplyDeleteBiden meets with Russia. As anticipated Russia and USA cutting a deal.
ReplyDeleteIn response to Biden meeting Putin, China has closed the Port of Yantian holding world trade. Satellite images show 160,000 containers stranded at the port. All supposedly due to 5 Covid cases.
DeleteAnd here we start again...the next stage of the Trade War begins!
North Korea announces famine and food shortages. They never announce anything. How convenient as USA meets with Russia. North Korea merging with China!
ReplyDeleteGUSH retracing as expected. Excellent!!
ReplyDeleteThe Oil timing model again proves to be accurate. Money maker!
ReplyDeleteHow low do you see gush going?
ReplyDeleteGUSH about $60
DeleteSC,
ReplyDeleteOCGN---what is the view???
I'm still waiting for OCGN. Data is due to be released and since price has slumped beforehand assume it's bad. In this case buy the bad news.
ReplyDeleteChart updates coming soon. I'm getting ready for larger swing trades.
ReplyDeleteSounds like we are about to have some fun.
ReplyDeleteOh yes!
DeleteSc. Swing plays in what
ReplyDeleteMarket has consolidated to the point where it is time to get ready for larger swings. We have a very specific pattern to watch for SPX and thus volatility. Oil especially also is a top summer play.
DeleteSounds exciting!
ReplyDeleteSuggest adding Valneva to your vaccine watchlist, it is getting approvals in UK and EU with it's COVID vaccine (Vero-cell based, highly-purified inactivated whole virus vaccine)
ReplyDeleteThanks! Will check it out
DeleteSC, do you think S&P is going to 4400?
ReplyDeleteCan you give us the pattern?
big drop coming july 15 into august maybe 10 percent
Deletecould be 2o after that im thinking 4800
I'll post the pattern. We have a clear setup. Enormous profits!
Delete“Enormous profits”, you have my attention.
DeleteJoe is ready to board the cash train
Deletei think you could short tommorow into tuesday
ReplyDeleteSold OCGN $8.30.
ReplyDeleteWait for it to settle back. Undoubtedly near a low point in pandemic
DeleteSC, when you are going to post the pattern?
ReplyDeleteThe beauty of the pattern is that there are several moves before the big one on the third. That is why we have time. There is no need to participate on the first drop.
DeleteLABU PT 112 if break out here, XBI second big test here after 32% correction, pointing higher from here....
ReplyDeleteVXRT, XAIR, AVXL, PIRS.....winning
Deletemore winning today AVXL
DeleteNew chart posted!
ReplyDelete