Can you make profit off investing in the downfall of a company you hate? I guess I'll find out on Monday. First time I've ever shorted, so I have a -10% stop on it.
$200 on the ADR and $200 on AZN. Wish me luck!
Not meant to be a flex or anything.
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So maybe when they announce you have to get an annual Covid vaccine (100% convinced that's coming) then it will go up. Maybe should one of the vaccines on my watch list. It won't be AstraZeneca anyway.
I could be skewed by most my my young cousins and nephews all being in the Roblox age group and it seems to have stuck really well in the 5-10 age group. They grow out of it and move on, but it will be telling if kids that hit that age keep picking it up. I think it's still the smallest position I have outside of a few tiny options. Maybe it will jump 25% at which time I'll be happy and drop it.
I'm also convinced that will happen. The markets aren't though, interestingly. I don't want to lead you into a bad investment, but Johnson and Johnson looks by far the strongest case for a yearly vaccine. One shot, can be kept at refrigerator temp, side effects appear uncommon as far as I can tell. It's already rising though, I think buying at a dip would be the only way I would recommend jumping in. It's going to get overvalued by speculators.
Possibly. I don't know anyone who plays Roblox so I was looking at it from the view of "would this be the next massive hit with staying power like Minecraft, or a sort of fad that peaks and then drops off with only the real fans sticking around, like Fortnite." I see it as more of the latter. Definitely dump if you see profit above 15%. The opportunity cost of you not getting the profit of it going higher is not worth the risk of holding a stock like that one. The free to play games market is very fickle and has little loyalty beyond the whales held there by sunk cost.
All opinions are my own of course and I'm not claiming to be an expert.