Moderna is the new meme stock for the next week or so, which means it’ll crater back down to about $60-$70 a share, eventually.
If not, whatever, it’s just a $100 and I’m not shooting for the breakeven price. It’ll be a profitable trade even if it doesn’t hit breakeven, just as long as it goes down soon.
140M volume today compared to its average of 5M.
When momentum, volatility, and volume die, so will this inflated price.
