Trump has ties to drugmaker Regeneron -- and now its stock is surging

CNN Business ^ | 10/5/2020 | Paul R. La Monica

[JoSixChip]

President Trump received a high dose of an experimental antibody cocktail from Regeneron as part of his Covid-19 treatment. Now the drugmaker's stock is up sharply -- and questions are swirling about the president's ties to Regeneron's billionaire CEO.

[motor_racer]

“ties”, “links” more code words for made up sh*t

[A_perfect_lady]

No, they think it's an elaborate hoax, he doesn't really have Covid, the entire staff of Walter Reed is in on it, and he isn't really getting this drug, he's just going to pretend to take it and be cured so the stock will rise.

Although some of them think he got Covid as punishment for making optimistic statements about Covid back in April. But I'm hoping they are a different group and liberals aren't simultaneously thinking, "He didn't really get it but he deserved what he got!" But with libs you never know.

[montag813]

Now the drugmaker's stock is up sharply

NOW? The stock literally TRIPLED before Trump even used it.

[Eccl 10:2]

This is probably like the other instance where he owned like $150 worth of Sanofi because it was in the portfolio of some mutual fund he owned in some IRA or 401k.

https://www.cernovich.com/sanofi-and-trump/

[LoveMyFreedom]

You can’t make this stuff up! What idiots!

[Kickass Conservative]

The Orange Man Bad Outrage of the day! Drink...

[NormsRevenge]

600 bucks a share.. a bit steep, but considering the times.. I’ll pass.. I wish I had on Gilead. They have been less than spectacular performance wise but that could change too.

Trump also owns Apple and Microsoft or did.. Not sure what Biden owns besides Burisma and CCP-China LTD.

[Kickass Conservative]

Just and FYI, Bill Clinton used to be a Member of one of the Trump Organization’s Country Clubs.

I remember seeing a Video of Eric Trump giving a Tour of the Property and showing Clinton’s Name Plaque on a Locker.

[I want the USA back]

So, Trump faked the disease to send the stock price up? cnn should have its power cut off.

[UnwashedPeasant]

Maybe now CNN will report on $20 hydroxychloroquine + Zinc treatment.

[SmokingJoe]

Vanilla ice cream swirl.

[Secret Agent Man]

and gates has ties to one

and fauci has ties to one

and nothing made of those....

[Sacajaweau]

The only reason he probably didn't have the HCQ cocktail is that the FDA withdrew any approval.

Fauci said a lot about Rem....but of course, his goal is a vaccine....just like the HIV story.

[ProtectOurFreedom]

Now that’s sneaky...do a backroom deal to use Regeneron’s drug, intentionally get the virus, show the drug works, make your buddy a billionaire. So typical of Trump.

(yes, /s)

I wonder if all the other Republicans and staff coming down with it are going to also get the Regeneron drug.

[tbw2]

This is another one of those “owns several thousands of dollars of stock in a portfolio worth billions”.

[Datom69]

The MSM has gone totally bat sh!t crazy.

[The Pack Knight]

Meanwhile, Trump also recently owned shares of Regeneron (REGN) -- as well as Gilead Sciences (GILD), maker of the antiviral drug remdesivir that the president is also taking. Both stocks were listed as assets on Trump's 2017 filing with the U.S. Office of Government Ethics, though neither were holdings on the president's most recent filing for 2020.

He's using his office to increase the value of stocks he's already sold? That devious bastard!!

[The Pack Knight]

Actually, “used to own.” He owns zero now. Apparently, Trump is smarter than all of us and has found a way to make money by selling the stock before it goes up.

[WildHighlander57]

G Larry wrote:

“
“Meanwhile, Trump also recently owned shares of Regeneron (REGN) — as well as Gilead Sciences (GILD), maker of the antiviral drug remdesivir that the president is also taking. Both stocks were listed as assets on Trump’s 2017 filing with the U.S. Office of Government Ethics, though neither were holdings on the president’s most recent filing for 2020.”

So, Trump IS NOT BENEFITTING FROM THE CURRENT INCREASE IN THE PRICE OF EITHER STOCK!!!!!!!!”

Yep, he sold THREE years ago!

[Brandonmark]

“Both stocks were listed as assets on Trump's 2017 filing with the U.S. Office of Government Ethics, though neither were holdings on the president's most recent filing for 2020.“