Also, there are billions of dollars at stake with multiple players vying to be the winner. This crap will get figured out. Too much money at stake not to.Prognightmare said:.SoupNazi2001 said:Prognightmare said:
The coronavirus sensationalism will subside here shortly. The summer months are coming and oil will be ok. XOM's dividend is safe imo, unless the Bern or Warren looks like they'll be calling the shots.
I think your too confident with those assumptions. Lots of unknowns and risk there. That is why it is priced where it is.
Human trials of a vaccine start in weeks. People aren't dropping dead in large numbers in industrialized countries. This coronavirus is overblown. I'm confident it will be a memory in a couple of weeks.