This stock ran up since August. Maybe just something to watch. If they stock was running up since August, and they have a treatment for the virus, and China didn't tell us until December 31st. Why did this drug run up? China had Sars in November 2002, and didn't tell the world until February 2003.
On 16 November 2002, an outbreak of the severe acute respiratory syndrome (SARS) began in China's Guangdong province, which borders Hong Kong. A farmer in the Shunde district of Foshan County was likely the first case of infection. The People's Republic of China notified the World Health Organization (WHO) about this outbreak on 10 February 2003
So maybe it was already priced in from the run from $50 to $90?
Stock on the move this morning. They are starting to talk about drugs for the virus. Up $1.50 Pre-Market. Hold for $250 Easy. Look at BIIB. Doubled in a day.
On 16 November 2002, an outbreak of the severe acute respiratory syndrome (SARS) began in China's Guangdong province, which borders Hong Kong. A farmer in the Shunde district of Foshan County was likely the first case of infection. The People's Republic of China notified the World Health Organization (WHO) about this outbreak on 10 February 2003
So maybe it was already priced in from the run from $50 to $90?