Ricardo Miranda Zúñiga

Structural Patterns

Reflections on Art, Technology and Society

Archive for the ‘pandemic’ Category

2021 Vaccine Year

with 3 comments

Following the devastating year 2020, 2021 is a year of hope and expectation. In the United States, the most widely effected country by COVID-19, the Trump administration’s rollout of the COVID vaccines has been poor. Today, the U.S. House and Senate convene to announce electoral votes to formalize the Biden/Harris defeat of Trump/Pence. Trump zealots are gathering in DC to protest an election that over and over has shown to be fair and democratic, however, Trump continues to make false claims that agitate his following. Once the election is finalized, the zealots will grudgingly go home and Trump will decamp to Mar-a-Lago and hopefully a sense of normalcy will slowly return to politics.

Of course, many will remain resentful and angry and the country will remain highly politicized and divided. Meanwhile, I have a few predictions:

There will be a rise of mass shootings. As rage and a sense of injustice is fed from white supremacist parents to adolescents, some will act out in violence.

With the Biden administration in place, vaccine distribution will be handled by professionals and will be accelerated.

As an individual dedicated to public service, Biden will present a solemn and honest message to the country regarding the pandemic. Slowly that message will sink-in through most of the country and the spread will slow.

The Federal government will present a large stimulus aiding many individuals and small businesses.

While the stock market continues to trend up, a correction will occur that will slow wildly over valued stocks.

Global economic inequality will continue to increase.

Biden will recognize the need to help vaccinate underdeveloped and poor countries and will increase a global vaccination movement.

“Exercise snacks” will take off as a viral phrase that excites new micro-workout format.

Written by ricardo

January 6th, 2021 at 7:27 am

My Wild Ride with NVAX

with one comment

NVAX on December 1st 2020 from Yahoo Finance

Yesterday, November 30th 2020, I sold my remaining shares of the biotech Novavax Stock at $143.53. I had previously sold shares of the stock in July at $98.29 and then regretted that sell when the stock rose to over $170 a month later. Although I expect the stock to once again rise, I decided that I was satisfied with the gains and did not want to monitor a company that had never brought a vaccine to market in its 33 year history, but received $1.6 billion dollars from the Trump Administration’s shady Operation Warp Speed.

In 2018, fresh from a divorce and having to meet new financial responsibilities of child support and thinking ahead about my son’s college fund, I opened an account with Robinhood. After all, the trading app allowed me to open an account with next to no money, unlike my experience with Vanguard with which I needed a base $3k to start investing. So I needed to generate more money and felt it was time to learn about the stock market beyond the safety of Vanguard indices.

Amongst my most speculative investments was Novavax as I know nothing about biotech, but the stock was a penny stock and I figured, why not take a small gamble. Of course, I considered the company’s long history dating back to 1995 and looked at the rise and falls of the stock. I thought to myself – it’s been around a long time, it has 500 employees, I’ll buy over hundred shares at an average of .56 cents and see what happens. Again, I was new to investing and did not have substantial funds to gamble with so I only buy small amounts, hoping that little by little, I can buy more.

On May 10th 2019, NVAX had a 1 for 20 reverse split, so for each 20 shares of NVAX that I owned pre-split, suddenly became 1. I watched my 120 shares that I had spent $72.21 become 10 stocks (yes not a 1 to 20 and I don’t understand this). Although the dollar amount remained the same, I hated seeing my over a hundred shares become 10. I was so annoyed with the stock, but oh well, nothing to do but let it sit. (The math here doesn’t add up, according to my Robinhood history, I bought 100 shares at .62 cents and then 20 shares at .51 cents and then those 120 shares became 10 following the reverse split. However, the dollar amounts below are correct.)

In the end, I spent $72.21 and sold for $1344.84 for at total gain of $1272.89. Now, I’ll take that gain and buy perhaps Apple or Google or Amazon – a stock that I expect will be around for at least ten years – this is my friend Greg’s advice – buy shares of companies that will stick around. (I’ve already bought Tesla and have only gained, but keep expecting that to entirely disappear at any moment.)

I understand that I’ll never become wealthy at this rate of playing it safe, but I elected to not be greedy and instead to be happy with this gamble, while walking away from Operation Warp Speed nonsense. By the way, yesterday, I sold NVAX at $143.53 and today it is at $125.32; after today, I’m not looking at this stock again. After spending way too much time looking at stocks over the last two years, I’m ready to stop speculating, hang up my dreams of getting rich quick and just invest in relatively safe companies, while also getting back to more meaningful use of my time.

My take away: It took a pandemic and a dirty president to turn my $72 into $1200. The money is dirty and we need to be transparent about how stocks rise and fall to help reign in financial disparity.

Written by ricardo

December 1st, 2020 at 9:39 am