Pfizer Vaccine News: The Truth Behind the Company
The CEO of Pfizer Inc. (NYSE: PFE), Albert Bourla, announced that it was “…a great day for science and humanity. The first set of results from our Phase 3 COVID-19 vaccine trial provides the initial evidence of our vaccine’s ability to prevent COVID-19.”
The Pfizer vaccine news quickly catapulted the stock up and caused investors to jump on this bandwagon in the hope that the vaccine will end the economic downturn we’ve seen since March.
As investors are somewhat breathing a sigh of relief with the end of the global pandemic almost in sight, it seems as though they’re buying into the Pfizer vaccine news… but there’s something fishy going on with 60% of the company’s stock…
There’s definitely some funny business going on here… but I wonder how many traders actually noticed it…
Pfizer Vaccine News: The Truth Behind the Company
Pfizer has dominated the news and Wall Street this entire week for one reason only — a potential COVID-19 vaccine.
On the night of Nov. 8, we saw the futures market gap higher and woke up the next morning to see Dow futures up over 1,000 points with news that Pfizer had a possible vaccine for COVID-19.
CEO Bourla then appeared on every news outlet imaginable, declaring that Pfizer’s potential vaccine was one of the biggest medical discoveries of this century…
This quickly caused the company’s stock to go on a tear, shooting up about 14%, and had Wall Street booming on the first good news in a long time.
But here’s what I find especially interesting. On the same Monday morning that Pfizer unveiled its potential COVID-19 vaccine, Bourla was selling 60% of his stock at this new high.
Seems a little shady, doesn’t it? If this vaccine was such a fantastic discovery, why wouldn’t the CEO keep his shares? Is he so money hungry that he needed an extra $5.6 million in the bank?
Here’s what I found out about Bourla’s stock sell plan… and what it means for insider buyers.
Watch today’s video to learn everything you need to know about the truth behind the Pfizer vaccine news. And after you watch the video below, leave a comment. Have you had luck trading Pfizer recently? What do you think about the CEO selling 60% of his shares? Let me know!
9 Comments
Interesting
Is there anything other than a money grab that would compel the CEO into selling his stock? Is the vaccine actually viable in the long run or is it “effective” but unrealistic because of the storage requirements? If Pfizer can’t safely store it, they would obviously have a hard time distributing it for wide-spread usage.
Seems a little shady to me.
Lock him up!
BULLSHIT is absolutely correct. Working on insider information would be great for all of us now wouldn’t it be.
I thought there were laws for those kind of BULLSHIT trades. Sooooo he should be charged no doubt about it.
I’ve had 15 shares of Pfizer since March. Because of covid the stock went down so what do you do when something you’ve wanted goes on sale? You buy it cheaper and feel happy you did. To be honest I’m not impressed with the profits and stock price gains with it even though they were rumored to be the one to create the antiviral since March. It hasn’t made me any gains except until they announced they had an antiviral and it didn’t go up by that much. Might just sell it while I’m up and say peace out.
This is very helpful information,Thanks
Sure sounds like something the trade commission should look into due to the insider trading with pump and dump signals.
Yea, I grabbed a 100 shares. Thinking every moment I delayed would cost me more & more. That feeling went out with the baby and the bath water as soon as I hear his dump of 5 + mil of his stock. Lesson learned. We’ll see how this plays out.