BioNTech was a nobody until they made in just one weekend THE mRNA vaccine everyone spoke about for almost a year. They have some big brains out there and they have huge potential but right now, it's just the potential because they aren't really producing the vaccine, Pfizer does it because they have the proper facilities and logistics this vaccine requires.
Sorry BNTX but you need a reality check and I'm sure it will happen after the quarterly report on Monday. 84B company. Like... REALY?!
Buckle up!
Trade active
It should continue the downwards trend at least until next week. There's a "low effort zone" and the target might be ~250 but let's see how it goes because this baby has a ton of FOMO in it. I would see it upwards again
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Aiming for 306.5 and 295. Have some Aug20 and Sep27 Puts
Note
Closed my short position. Bought some Oct calls but seeing this massive 1day drop, I'm not expecting any sweet dreams.
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