03-16-2023, 11:45 AM
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#1461
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Franchise Player
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And yet, Pfizer's stock price is exactly where it was 5 years ago. Meanwhile Merck & Co (who didn't have a successful COVID vaccine and whose treatment had mediocre results) has seen their stock price double in that same period.
COVID-related things are certainly driving revenue, but I'm not sure they're leading to any kind of long-term profitability.
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03-16-2023, 01:29 PM
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#1462
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Had an idea!
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Stock price is not everything, and you know that. Some companies have overvalued stock, some have undervalued, even relative to their profits.
Prior to 2020, most people who post in this thread would have agreed that big pharma is not exactly the most trustworthy industry, and that they will 100% manipulate studies & research, lobby the government or pull all kinds of shenanigans to get their product sold. I mean they've been fined as a collective industry how many billions?
But when COVID hit, all that went out the window, and everyone all of a sudden thought Pfizer or Moderna were going to save us all, and don't you dare question anything they say.
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03-16-2023, 02:00 PM
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#1463
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Franchise Player
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A stock price is certainly an estimate of the company's profitability going forward. If COVID vaccines were seen as some endless money maker, then why have the companies that rely almost solely on that for revenue (BioNTech, Moderna, Novavax, etc.) lost 70-95% of their value in the last 1.5 years?
And in this case, there's no evidence of manipulated data or fraud, so the industry's reputation isn't all that relevant. Post-approval monitoring and public health data has been consistent with original trial data.
And that doesn't even get into your conspiracy theory about public health officials promoting vaccination in order to generate more revenue for pharmaceutical companies, rather than as an effective risk mitigation measure.
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03-16-2023, 11:06 PM
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#1465
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Powerplay Quarterback
Join Date: Jul 2007
Location: St. Albert
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Quote:
Originally Posted by Reggie Dunlop
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That is horrifying. I can't comprehend the stupidity.
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03-17-2023, 07:56 AM
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#1466
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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It's just sad. Parents desperate for a cure for their children, willing to try anything, and not smart enough to smell bull####.
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03-17-2023, 08:08 AM
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#1467
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Franchise Player
Join Date: Aug 2008
Location: California
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Quote:
Originally Posted by Azure
Stock price is not everything, and you know that. Some companies have overvalued stock, some have undervalued, even relative to their profits.
Prior to 2020, most people who post in this thread would have agreed that big pharma is not exactly the most trustworthy industry, and that they will 100% manipulate studies & research, lobby the government or pull all kinds of shenanigans to get their product sold. I mean they've been fined as a collective industry how many billions?
But when COVID hit, all that went out the window, and everyone all of a sudden thought Pfizer or Moderna were going to save us all, and don't you dare question anything they say.
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This didn’t happen,
There was significant scrutiny on the vaccines. Non experts probably did more research into the Covid vaccine then any other medical intervention in the history of medicine. The trust the science mantra came about precisely because people have a poor ability to read scientific research and were drawing all sorts of incorrect conclusions from statistics.
How many people when prescribed anti-biotics go and look at the effectiveness research. Very few they take what their doctor prescribed. Or statins, how many people know the effectiveness of them? Then compare that to people who knew the effectiveness of the Covid vaccine and could reasonably or unreasonably discuss if it prevented transmission or not.
It’s because people misused statistics and there was such a negative push against the vaccine unlike any other health intervention we have used that there became a strong and simple public health message around effectiveness.
You have causality backwards.
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01-16-2025, 02:27 PM
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#1468
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Lifetime Suspension
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a lot of people are sick from the shots/booster shots .its crazy. but we should not be mean to anti vax people. each vax is different. we need to have a bigger mind.
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01-16-2025, 02:30 PM
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#1469
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Franchise Player
Join Date: Apr 2013
Location: Cowtown
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Quote:
Originally Posted by mike66
a lot of people are sick from the shots/booster shots .its crazy. but we should not be mean to anti vax people. each vax is different. we need to have a bigger mind.
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Can you provide a source for this?
__________________
Quote:
Originally Posted by puckhog
Everyone who disagrees with you is stupid
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01-16-2025, 02:32 PM
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#1470
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First Line Centre
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Quote:
Originally Posted by PaperBagger'14
Can you provide a source for this?
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Anyone who has a heart attack or heart issues now, it’s now because of the vaxx, I saw it on twitter. Had a coworker ask me about vaxx when I said I was going in for heart surgery on something I was born with.
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01-16-2025, 02:34 PM
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#1471
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CP Gamemaster
Join Date: Feb 2010
Location: The Gary
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Quote:
Originally Posted by mike66
a lot of people are sick from the shots/booster shots .its crazy. but we should not be mean to anti vax people. each vax is different. we need to have a bigger mind.
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What an amazing post. Definitely worth necro bumping this thread that hasn't been touched in years.
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01-16-2025, 02:38 PM
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#1472
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Powerplay Quarterback
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Quote:
Originally Posted by mike66
a lot of people are sick from the shots/booster shots .its crazy. but we should not be mean to anti vax people. each vax is different. we need to have a bigger mind.
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Anti vax people should have a bigger mind about their right to breathe on other people. Other people have just as much right to Feedom as anti vaxxers do.
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01-16-2025, 02:39 PM
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#1473
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Franchise Player
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Quote:
Originally Posted by mike66
a lot of people are sick from the shots/booster shots .its crazy. but we should not be mean to anti vax people. each vax is different. we need to have a bigger mind.
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a lot of people are sick from the cold/flu this winter. its crazy. but we should not be mean to anti tylenol people. each drug is different. we need to have a bigger mind.
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01-16-2025, 03:24 PM
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#1474
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Backup Goalie
Join Date: Nov 2024
Exp:
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Quote:
Originally Posted by PaperBagger'14
Can you provide a source for this?
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No. He can’t.
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01-16-2025, 03:53 PM
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#1475
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Might have pinpointed where it all went wrong.
Quote:
Originally Posted by mike66
I guess it has to do with the new audienece, calgaryherald, cnn all looking like wordpress. and more people reading alternative news
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01-16-2025, 04:00 PM
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#1476
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Franchise Player
Join Date: Jul 2010
Location: Calgary - Centre West
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Quote:
Originally Posted by mike66
a lot of people are sick from the shots/booster shots .its crazy. but we should not be mean to anti vax people. each vax is different. we need to have a bigger mind.
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How big?
__________________
-James
GO FLAMES GO.
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01-16-2025, 06:11 PM
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#1477
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#1 Goaltender
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Quote:
Originally Posted by opendoor
And yet, Pfizer's stock price is exactly where it was 5 years ago. Meanwhile Merck & Co (who didn't have a successful COVID vaccine and whose treatment had mediocre results) has seen their stock price double in that same period.
COVID-related things are certainly driving revenue, but I'm not sure they're leading to any kind of long-term profitability.
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Pfizers revenue doubled for two years so I'm sure they would have loved to continue handing out vaccines but everyone realized the vaccine wasn't very effective and Covid wasn't that serious to the majority of people. They capitalized while they could.
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01-16-2025, 06:26 PM
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#1478
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Powerplay Quarterback
Join Date: Feb 2006
Location: Sunnyvale nursing home
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There may be a correlation here?
"Flu cases on the rise in Alberta, while immunization uptake remains low"
https://www.cbc.ca/news/canada/calga...2025-1.7429137
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01-17-2025, 10:27 AM
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#1479
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Franchise Player
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Quote:
Originally Posted by Hackey
Pfizers revenue doubled for two years so I'm sure they would have loved to continue handing out vaccines but everyone realized the vaccine wasn't very effective and Covid wasn't that serious to the majority of people. They capitalized while they could.
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I had an aunt die from Covid. I would consider that kind of serious.
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01-17-2025, 10:47 AM
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#1480
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Participant
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Quote:
Originally Posted by CroFlames
I had an aunt die from Covid. I would consider that kind of serious.
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The vaccines were also very effective in both preventing COVID through the Delta strain and preventing death if someone got COVID. Pretty safe to write off Hackey’s opinion entirely.
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