Moderna is one of the top candidates for the covid vaccine.
I held a short position in Moderna on 2 Dec when it was at $142. I felt that the price was too high. It was a bad decision. Moderna increased by another 20% to $169.
The short position was rather small, so I made a loss of about $3,000 (SGD) during this period.
What happened after that? Shhhh, here is the answer.
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