VXRT: A moment of truth and resolve
It's been rough for those of us that jumped in during the heady days of promise, while prices were double digit and everything was green.
Those days are now a distant memory.
Some of us are holding on. Some of us even DCA'ed our way down from an absurd valuation to something potentially more reasonable, in exchange for a much bigger piece of skin in the game.
And yet, hope endures.
Most of the world will want a vaccine, and most of the world does not have a great deal of money. Injected vaccines take expensive infrastructure like refrigeration. The promise of a vaccine for the flu, much less covid, that comes in a simple pill is obvious.
The only questions are:
I don't have answers. I'm relatively new to all this. But I decided that, inasmuch as I'm going to diverge beyond the safe and sure path of index bond and stock ETF, I'm going to invest in companies that I feel a connection to. Some, like AMD, worked out well.
And then there's Vaxart. I've lost a lot, on paper, to this so far... Vaxart's moonshot hopes are also my hopes. If they fail, then so be it... That is the risk we all took.
But if they win... those of us who saw it coming will surely reap a large windfall, but really all people will prosper with a cheap and effective end to flu and covid.
Those days are now a distant memory.
Some of us are holding on. Some of us even DCA'ed our way down from an absurd valuation to something potentially more reasonable, in exchange for a much bigger piece of skin in the game.
And yet, hope endures.
Most of the world will want a vaccine, and most of the world does not have a great deal of money. Injected vaccines take expensive infrastructure like refrigeration. The promise of a vaccine for the flu, much less covid, that comes in a simple pill is obvious.
The only questions are:
- Does it work?
- Will Vaxart live long enough for us to find out?
I don't have answers. I'm relatively new to all this. But I decided that, inasmuch as I'm going to diverge beyond the safe and sure path of index bond and stock ETF, I'm going to invest in companies that I feel a connection to. Some, like AMD, worked out well.
And then there's Vaxart. I've lost a lot, on paper, to this so far... Vaxart's moonshot hopes are also my hopes. If they fail, then so be it... That is the risk we all took.
But if they win... those of us who saw it coming will surely reap a large windfall, but really all people will prosper with a cheap and effective end to flu and covid.
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