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Stock impact report

Co-Diagnostics: Why Traders Shouldn't Take COVID-19 Stocks Too Seriously [Seeking Alpha]

Co-Diagnostics, Inc. (CODX) 
US:NASDAQ Investor Relations: ir.codiagnostics.com/investor-relations
Company Research Source: Seeking Alpha
SummaryA look at whether or not Co-Diagnostics' big surge is sustainable or justified.Why its latest earnings report really has little bearing on the future performance of the company.How to play a stock like Co-Diagnostics.source:company websiteIt's no secret that biotech stocks associated with COVID-19 have been soaring in response to a seemingly endless number of press releases, with investors and many traders being triggered into taking positions in a lot of these companies because of fear of missing out (FOMO).One of the biotech companies generating a lot of interest from investors is Co-Diagnostics (CODXIn this article I want to explore whether or not Co-Diagnostics is a serious contender in the COVID-19 segment, and if investors and traders should take it seriously for a long-term holding. The other option is to take trading positions in response to wide swings in its share price for a short period of time - both short or long.Latest earningsFew of these newly discovered biotec Show less Read more
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