$Pfizer (PFE.US)$ Donald Trump’s justice department is investigating claims that Pfizer delayed positive news about its Covid-19 vaccine until after the 2020 election. Pfizer said it had not been contacted about the investigation and called the claims “utter nonsense”. “We cannot comment because we have not received any inquiry from authorities about a so-called ‘delay,’ but Pfizer remains ready, willing, and able to explain why any allegation of impropriety is utter nonsense,” a spokesman said. ...
$Johnson & Johnson (JNJ.US)$ my puts also got burned here. I will need to retire from long options too much money is being burned this month and coming month.
I guess whoever is behind this didn't get the results they wanted. PFE only drops by about 29 cents. Shorting over 100M, you better have something more than this. You are going to get the mother of all squeeze (MOAS)! $Pfizer (PFE.US)$$SPDR S&P 500 ETF (SPY.US)$
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It's a bit early, it will definitely drop below 25. If one buys in the range of 23-24 due to these external reasons, hmm~ that's really delicious.
Deep Sea OP : It should have hit the bottom or very near to the bottom.
Demon Town : respect market, there is no such thing called “should” in trading world… but i do agree hahaha