Moderna's CEO Deleted His Twitter Account and Is Selling His Stock

I wonder what's going on

Moderna’s CEO Stephen Bancel, billionaire, has been selling Moderna stock at the rate of 19,000 shares per day. Now, he’s deleted his Twitter account. What’s going on?

Moderna’s stock has collapsed from a high of nearly $500 last September to just $140.00 as of this writing. That’s a 72 percent loss for a company that supposedly saved the human species with a taxpayer-funded mRNA vaccine for Covid.

The fact that Bancel is selling his personal stock instead of instituting a buy-back program to prop the stock up tells me knows that $140 a share is the high-water mark for Moderna.

Reports claim Bancel started off with 7 million shares of MRNA, so he has a long way to go before he’s completely divested—368 days to be exact.

Meanwhile, Pfizer’s stock is down almost 20 percent from its 52-week high of $62 reached on December 13, 2021.

The hottest stocks of 2021 are turning into the Dogs of ‘22.