Put Your Tinfoil Hat on For This One...
Actually, you might not need it. I don't know. But it's an interesting thought that I offer you without a whole lot of fleshing out.
In the last year or so, I’ve written about censorship and de-platforming quite a bit. Not just de-platforming but demonetization. Though I’m a staunch advocate of creators owning their own domain URL as a safeguard, I trust that Substack is committed to the freedom of expression for the writers who have helped grow the platform to what it is today. But if I’m being honest, yesterday’s announcement that Substack has launched an iOS app is probably a step toward future censorship, in my opinion. That said, the app is pretty nice.
Anyway, I’m putting the paywall on this post after a brief preview out of an abundance of caution. If you wish to socially destroy me because of this idea, its gonna cost you $65! So, if you’d like to see the whole thing, consider going paid.
I started thinking about Moderna a couple days ago. The company was a massive beneficiary of COVID-19. Largely because of the emergency use authorization that the company landed for its mRNA shots despite a serious lack of market success with mRNA shots before the pandemic began.
While the STONK is still 10 times ahead of where it was pre-COVID, it’s down 49% year to date and has sold off roughly 75% from its 52 week high. I think it’s probably not a stretch to wonder if the money has been made there for those who were “lucky” enough to invest in that name at $15 just a couple years ago.
It got me thinking…
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