 Gotcha. What's up, money geeks? Mr. V here. Welcome to another video, guys. So in today's video, we are going to talk about ticket symbol INO, Inovio Pharmaceutical. Again, this is one of the plays that is working on a vaccine for COVID-19 and I've covered that here on the channel. I've told you guys why I think this company has a huge potential. If you haven't watched any of the videos, I'm definitely going to hook them here so you can go watch them. But in today's video, I want to talk about why the stock actually spiked this week. For some reason, the stock has been just slipping in the last five months. There hasn't been a ton of price movement, but it just kind of jumped and spiked. So that's what I wanted to cover in today's video. But before we get started, guys, if you're new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. So again, guys, when it comes to Inovio, this is one of the companies that is working on a vaccine for COVID-19, like I've said, and the difference between the vaccine and all the other guys that you see in the market, like Pfizer and Modena, is because those companies do the traditional mRNA vaccine and Inovio is working on a ZNA vaccine, which it's groundbreaking. It's something that has never been done before. And so that is the approach that they're doing. So not only are they building or working on vaccines for COVID-19, they're also working on other vaccines for cancer and some other infectious diseases. So that's where I really like the company. But so far, they've been getting into some huddles with the FDA partially or slowly blocking them from continuing their trials and stuff like that. So I'm not going to get into the details of that. But the reason why I want to talk about the stock moving was, let's jump right here in the news. Let me show you guys. So there was actually a call on Reddit on Monday. Somebody had called to action on Reddit that they should take a look at Inovio. And that actually, when people started looking at it, that stock moved. And then the other reason why the stock also moved was that these guys, BlackRock, actually invested more money into the company. So right now, they have about 14.2 million shares of Inovio, which is about 8.4 percent of the company. So those two things put together are the reasons why the stock has been moving. Again, if you notice, the stock can move to a new high, I think a five month high compared to where it was trading before. A lot of people, again, on Reddit were mad that the FDA is corrupt, that the FDA is actually favoring the big pharmaceutical companies like the Pfizer's and the Modena and the Johnson and Johnson, and they are not giving Inovio the same shot that they gave to all the companies. So there's some corruption in there. And people are the people working, they are favoring those bigger companies than Inovio. So again, if you think about what happened with GameStop and them going against Wall Street, it's pretty much the exact same thing. You look as like, hey, we're going to fight corruption by showing people or exposing the stock to making sure that the stock really, the company is doing something good. So that is one of the two reasons why this company has been popping. So let's look at the chart. The stock has just been quiet the last five months, not so much movement. It pulled down to as low as like eight dollars and some change. And then just slowly, but this is this week where these things just went crazy and went to a high of about $19 and then pulled back this morning when I was doing this video, sitting somewhere about $14 and some change. But again, guys, this is a company that to me is working on changing how we create vaccines. So I'm giving them the long term benefit here. I don't want to rush this one. So if you're looking for some quick gains, this is definitely not a stock for you to invest in. So I picked up some positions and I'm holding this one long term. Again, when the stock went down to like eight, nine dollars, I added some more in my position and I'm going to keep building each time it drops. Right now, I wouldn't say jump in. Just wait, because as soon as this whole thing quiet down, I anticipate that the price of the stock is going to drop again. The only catalyst that I see that would move the price is when they have like an FDA approver or some good news about their vaccine. But right now, the fact that the only thing that pushed the price of the stock up is Reddit. We've seen what happened to GameStop. It went up to 500 and came down to under a hundred dollars. That would be the same thing. Yeah, I don't want to use that as a catalyst to jump into a stock. So wait for a pullback. A good entry point for the stock would be somewhere around ten dollars. If you can catch the stock at nine, ten dollar price point, load up on the stock and just sit and wait. Again, like I said, this one is a long term play. This is not a win tomorrow play. Give it time because as soon as this vaccine gets out there, there are so many good things about the company and the vaccine that these other vaccines that we have on the marketplace cannot even compete with. So definitely consider if you have a little chunk of money that you think you can put on the site and not worry about making a profit or growing it in the next five, six months, then you can definitely invest in this company. Again, guys, I've talked about, you know, if you're here, cover in depth. Go check out the videos and you're going to explain to you why the vaccine is better than the other vaccines that are currently in the market. And so that is my personal take. Again, right now, a good entry point would be that nine, ten dollar price point. And then wait, we'll see where it's going to go. We've seen a company like Moderna go from nineteen dollars to one hundred and eighty or two over two hundred dollars, I think, and just just because of the vaccine. So once this company gets to that point, you're going to see the price is going to move following the news if they get approved by the FDA. So that's my take. Let me know in the comment section what you think. If you haven't already started a position again, like I said, guys, don't jump in right now, pump the brakes, wait for that pull back before you get it. Because if you buy it now, you're going to be holding it back. Trust me, don't do it. Don't buy it at the top and then sell at the bottom. That's the wrong way to invest. It's got to be the other way around. You got to buy at the bottom and sell at the top. So when you see this, I mean, get away, get away from your computer. Don't let formal get you. Don't think I'm missing out on this one. Unless you are day trading it, don't go by this position right now. I think you want to hold it because you're going to end up holding it back. So wait, it's going to come to you. Set that price point of 9 to 10 dollars. It's going to come back to you and then you can get in. If you're new to the channel, guys, we talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button and any notification bell to don't miss out on new content. Also, if you're looking to get started with investing, we highly recommend Weibo, definitely go check out the links in the description below. And also, guys, if you're looking to support my work, the best way is to give it a thumbs up and share it with somebody that will find it useful. And as always, guys, do your due diligence. Don't be a greedy savage and still motivated.