Just As Forecast

Moderna, MRNA, is down -88%, from its all-time highs.

Having worked the markets for nearly forty-years, it (typically) goes as follows …

When a stock declines 80% or more, in short order (12-36 months or so), those with absolutely no analysis skills or discipline, who bought-in because everyone else is doing it (making a supposed fortune), have now lost their shirts.

So, they do what they know best, blame somebody else. Let the lawsuits begin.

The whole thing is so much like High School.

Class action is nothing new. What is new this time around, or what could be new, is the ‘discovery’ process.

One has to wonder if (or when) the lawyers are going to come across this piece of ‘discovery’.

Stay Tuned

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