Seems like Faux-Chi has a history with promoting “Gilead” (maker of remdesivir). Here’s a good background article :
https://yournews.com/2020/04/15/1567837/the-remarkable-doctor-a-fauci/
GILD is up ~5% today, which is not bad, but the market is not buying the hype on this. It would be thru the roof if that was the case. I think the market already knows that there are effective treatments to COVID-19. The media is saying the market being up today is based on this news, not true, just another story they want to tell you.
In at 75!!
Anyone interested in Gilead Sciences, Inc. (NASDAQ:GILD) should probably be aware that the Executive VP of Corporate Affairs, Brett Pletcher, recently divested US$359k worth of shares in the company, at an average price of US$63.31 each. That sale was 21% of their holding, so it does make us raise an eyebrow.
https://finance.yahoo.com/news/insider-just-sold-shares-gilead-144915389.html
This was in November when CV19 was JUST starting......
https://www.freerepublic.com/focus/news/3840154/posts?page=1
Flynns Original Defense Team Repeatedly Rejected Congressional Immunity Overtures
The Federalist ^ | April 29, 2020 | Sean Davis
Original defense counsel for Michael Flynn spurned congressional immunity overtures following Flynn’s guilty plea. Flynn’s original defense attorney also allegedly said he would be unlikely to pursue congressional testimony by Flynn without the approval of Special Counsel Robert Mueller.