Lots of bad news in 2024 crashed the stock from its high of 166$ (May 2024) namely:
1) Declining covid-19 vaccine sales
2) Revised business outlook for long term about sales
3) R&D cuts and loss of investor confidence
4) RFK Jr running HHS (vaccine denial)
5) News of one vaccine side effects in elderly
Current price: 45$ (near 52 week low)
All time high: 385$ (2021)
I am no investment expert but I feel the stock is oversold (my gut says so)
Reasons I believe for decent upside potential:
1) HMPV virus cases in China and slowly popping in other countries will cause some panic in the upcoming months leading to vaccine developments potentially
2) Bad handling of health crisis and vaccine denial of the upcoming administration will lead to outbreaks
3) Moderna is also developing some cancer vaccines and combinations vaccines
4) Potential for breakthroughs in medicine and good news
5) How much more can it go down?
My positions:
45$ c 7/18/25 exp +4
45$ c 1/16/26 exp +3
45$ c 6/18/26 exp +2
Luckily seeing a pre-market gain of +6% since I bought
What do you all think about this gamble? Not sure if this post counts as DD