As the coronavirus develops, it feels like the market around biotechnology companies is going to get interesting. Therefore it would be swell if we could start to trade in those stocks.
From a quick google search some stocks that are making a vaccine are
Johnson & Johnson [NYSE:JNJ] AVAILABLE ON FREETRADE ALREADY
Pfizer [NYSE:PFE] AVAILABLE ON FREETRADE ALREADY
GlaxoSmithKline [NYSE:GSK] AVAILABLE ON FREETRADE ALREADY
Sanofi [NASDAQ:SNY]
CanSino Biologics (Not sure of stock name but possibly 6185:HKHong)
Sinovac Biotech (NASDAQ:SVA)
Moderna (NASDAQ:MRNA)
Lonza (OTC:LZAGY) (Manufacturer rather than research company)
BioNTech (NASDAQ:BNTX)
Novavax (NASDAQ:NVAX)
Worthy read when thinking about investing into potential vaccine.
Summary - likely to be plenty of people chasing them, not all will be able to understand the medical information, canβt do their own due diligence and itβs highly unlikely a company will profit massively from a vaccine. I reckon profiteering from a vaccine will be frowned upon.
Was this actually flagged or did Freetrade staff not like it? Getting pretty annoyed at this censorship. Think I might stop posting in this community.
In short watch out if you are playing these, these are very volatile and you get pump and dumps every few days. The traders investing in these arenβt really caring what they produce it