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.
