Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

From the folks who brought you Viagra – a vaccine

Outsider/Pfizer/covid-19/vaccine/

13 November 2020
| By Outsider |
image
image image
expand image

Outsider regrets to say that his extensive portfolio of investments does not include pharmaceutical giant Pfizer which at the time of writing has announced that with its German partner, BioNTech has come up with a COVID-19 vaccine which appears to be 90% effective.

Outsider’s regret is that he was not able to surf the 15% surge in in Pfizer’s share price generated by the vaccine announcement because, as everyone knows, it is handy if you can sell down a few shares during a spike.

For the record, this is not the first time that Outsider has missed the boat on a Pfizer breakthrough. The last time was in 1989 when he somehow failed to notice that the pharmaceutical giant had somehow managed, by accident, to invent Viagra.

Now, if Pfizer is on the money with this COVID-19 vaccine then it will be distributed to millions around the globe, which will be similar to the distribution of Viagra which apparently generated the writing of more than two million prescriptions in the US last year albeit the outcomes will be distinctly different.

From what Outsider is told, the COVID-19 vaccine will drive temperatures down while, from what he hears, Viagra tends to drive temperatures up.

Either way, Pfizer investors can stand tall, having found themselves in a happily solid position.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

4 days 13 hours ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 week 4 days ago

So we are now underwriting criminal scams?...

6 months 2 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

6 days 9 hours ago

Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....

3 weeks 6 days ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

2 weeks 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
3