Bitcoin is an unreliable market anyway, you can easily lose a lot of money on a market like that.
You told us Pfizer was bankrupt. Hence Pfizer is an unreliable market , you can easily lose a lot of money on a market like that.
This time next year the only AZ users will be via Covax/GAVI as anyone that can afford not to use it will be using a different and better mix.
So that vaccine, and possible the single-vector tech behind it has a very limited lifespan.
mRNA came out of nowhere and has overtaken it on all the areas vectors were thought to be beneficial.
Pfizer were bankrupt before this, bankrupt by some of the largest liabilities pay outs in history.
So the drugs industry is not a get rich quick scheme, if they go bankrupt. btw Pifzer's share price for all of 2019 is was almost as high or higher than it is now, the share price did not reflect the price of a bankrupt company. Were you the only fella who knew it was bankrupt?
Pfizer:
Screenshot 2021-07-05 at 16.08.47.png
While Astra Zeneca shares are up, they have not exactly rocketed with this vaccine it has, and Az only has a dividend yield of 2%, against Pfizer's yield of 1.6%! These are both get rich slowly concerns, those are the sorts of yields normally obtained by e.g. Premium Bonds.
AZ:
Screenshot 2021-07-05 at 16.10.03.png
Why are you quoting share prices? They mean little or nothing unless you know the trading position of the big institutional / hedgie holders and the ETF plays.
Its the cashflow / balance-sheet in the 10K's / annual reports were the real information is. AZ have a great year last year, that's a huge increases in net cashflow for a pharma that did not have a new blockbuster on the market.
https://www.astrazeneca.com/investor-relations/annual-reports/annual-report-2020.html
And the Pfitzer 10K tells me that it looks like they had to shift a lot of cash / income around to keep their tax profile down. That bump in Non-GAAP EPS tells me that a lot of unexpected / unplanned for cash came in during 2020. Tax lawyers dont like bumps like that. It makes life complicated.
https://investors.pfizer.com/financials/annual-reports/default.aspx
They both had bumper years, if you care to dig through the usual handwaving in these documents.
Why are you quoting share prices
Since share price tells you the value of a business. And vaccine does not seem to make it rise much, nor does it seems to raise the yield much either. Flip a coin, Premium bonds or Pfizer, roughly the same yield. Premium bonds seem a better bet, than some crazy punt on world domination, jmc!
So why exactly would Pfizer plan an Ernst Stavro Blofeld style global conspiracy, only to give a yield barely higher than inflation, esp. when resylting global disruption creates inflation hence losing the investors much of their money. Perhaps you have not thought things through with this theory of yours?
They both had bumper years, if you care to dig through the usual handwaving in these documents.
I strongly detect a blast of your trademark bluff and bluster there. Too late now, if they really had had bumper years it would show in the share price or the yield, the fact that it did not means they did not have a particularly bumper year. That's how it works I'm sorry to tell you.
