 It's happening. What's up? Money Geeks Mr. V here. Welcome to another video, guys. So, in today's video, I'm going to take a look at Tika Symbol mRNA Moderna. It's a pharmaceutical company, and it's actually engaged in the development of a vaccine for COVID-19. So, I did a video in the past talking about my top five companies to watch, or pharmaceutical companies to watch that are actually in the process of developing a vaccine or creating a test for the coronavirus. So, I'm going to hook that video up here so you can definitely go check it out. So, yesterday, Moderna actually kind of put out some really good news that their vaccine is actually moving from phase one to phase two, that the FDA has actually approved phase two trier of the vaccine, which is an excellent news. But just be very, very cautious here that to develop a vaccine to the point where it can actually be effective usually takes a long amount of time. So, if Moderna can actually nail this at their first pass, that would be excellent. So, what does that mean for you and me? It means that if they can come up with this vaccine, as soon as possible, it means all these millions of people that don't have jobs right now would be going back to work because you know that you can get a vaccine that will either protect you from the virus, which is awesome. So, the question is now that they're actually talking about is what do we do as investors? Is it a good time to buy or just wait and see where this goes? Because what if phase two trier fails? What happens? So, most analysts on Worst Street have actually upgraded the stock. The price target was $35 and now they've moved that to $58. And as of today, when I was actually recording the video, they were trading at $58 and some change, which is crazy. So, imagine that if let's say the next two or three months or four, they came out and said, hey, phase two, it's awesome and we're ready to start distributing. I'm assuming the price of this stock is going to skyrocket. This is going to go off the charts and then you're probably going to sit there and kick yourself and be like, why didn't I invest when it was $58? But on the flip side, if they come out and say, phase two of the vaccine trier completely flopped, it didn't work at all, the price is going to go down. Then you're going to probably kick yourself again like, why did I invest in this stock? So, I would say for a stock like this, when you invest in a stock like this, I want you to use what we call a stop loss. So, if you buy this stock today at, say, $58, you can set your stop loss to, say, $50 just in case. So, if anything would happen, you have to get some bad news and the price drops, then you only stand to lose like $8 a share. So, if you set a stop loss, then you can never hold your head and be like, oh my goodness, what just happened? And so, that would be a better way. So, right now, I'm still watching on the sideline. I don't have Madonna just for transparency purposes. I did trade at it and made some money. That's about it. I don't have it as a position. But I'm actually seriously debating if I should because, again, the price has been upgraded to $58. So, I might pick up a few shares just in case it goes up, but I'm definitely going to set my stop loss to $50 just in case because I don't want to lose any money beyond $8 a share. So, if I buy it at $58, I don't want to lose $50. So, question of the day, what do you think about this new development? The CEO was actually on CNBC and saying that, hey, where it stands right now, they're anticipating that the vaccine might cost about $4,000 a shot, which is crazy. And they plan on working with the government to distribute the vaccine if it turns out that it's a goal. So, they're going to reach out to the government to determine who gets it and to prioritize now the distribution of the vaccine in the country because they don't have enough for everybody if the vaccine was proven to work, which is kind of scary. So, the vaccine could be out there, but yet you cannot lay your hands on them. I mean, does that ring a bell in any shape or form? Think about the test just for the virus, right? The COVID-19 test is not available to everybody. You cannot go to Walgreens and just buy you a test and use it. It's kind of a selective test for other people. So, that is a scary thing. Just the price. Again, for me as an investor, that's exciting. They're going to make a ton of money if I buy into the company. I'm going to be fine, but just as a human being, people that don't have the money for that, for the price of the vaccine to be looking somewhere between $4,000, that is scary. Not a lot of people have $4,000 sitting around. The government itself, or the government itself, it's actually giving out stimulus packages for $1,200. I mean, so even if you took your stimulus package, $1,200, you will be able to buy the vaccine. Isn't that insane? They're thinking about putting in another package out for $2,000 a month for one year. That's still in Congress. I might have to do a video about that. But I just want to take a minute and think about it. As an investor, it's exciting that you can invest and potentially make some money. But just as a human being, that price is ridiculous in my opinion. And the company even says they don't have the capacity to manufacture enough to be able to help all the millions of people across the world that have the virus. So that is a crazy situation. So let me know in the comment section what you think about this. Do you think it's a buy, or do you think it's like, hey, I'm just going to pump the brakes and wait until they say they have the vaccine before I can definitely jump in and buy? And then, oh, you think like, what about the price? Do you think the price that is set forward, or the anticipated price is something that makes you feel comfortable? Again, let me know in the comment section. And as always, guys, like, share, subscribe. YouTube tells me that 90% of you guys haven't already subscribed to my channel. So if you can do me a favor, hit that subscribe button and the notification bell so that when I post new videos, you get notified. And as always, stay motivated.