written by reader Caronavirus stocks courtesy of Laissez Faire letter

By prorsum, February 29, 2020


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February 29, 2020 12:26 pm

Just a few ideas to hedge our crashing market:
“CODX”, maker of diagnostic kits for Covid-19 could go vertical once approved by FDA/CDC. The stock has already jumped 400% on news that their patented test kits offer results in 45-min, as opposed to 48-hours to send samples for testing at various state labs. They also advertise to be more accurate than the CDC tests, which have already given some “false-positives”.
“TOMZ”, is also under the radar, maker of sterilization machines, already approved/adopted by China. Could be in high demand if the virus spreads as rapidly in the U.S.
There is a slew of vaccine makers jumping on the bandwagon to develop a successful vaccine, but to the victor will go the spoils of that race. Even Israel has recently promised they will have a valid vaccine in “weeks”, but most virologist view that as a small miracle since animal testing, human testing Phase I/II/III would require months per phase before approval for mass production.

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