/biz/ - Business & Finance

Liberals dislike it because they don't want Trump to be correct about it working.

Medical professionals and scientists are skeptical because there isn't a robust amount of data suggesting that it is effective as a treatment for COVID.

>>18346623
Because we need years to prove (((clinical trials))) work!!

>>18346623
Google Trump and this drug, he has a stake in it. Faggot is the world's worst shill kek

>>18346908
he is invested in a mutual fund that has a tiny stake in one of the many companies that produces this generic wow orange man bad

>>18346908
If you own an index fund does that mean you have a "stake" in every company in America when conflicts of interest come up?

It turns out he has about 100$-425$ approximately stake in this drug.

And its a fucking generic drug, anyone can produce it, there are no intellectual protections on it anymore, long since expired.

To call it shilling for his economic interests is PEAK fake news.

>>18346623
A lot of people seem to just not want anything to work.
Even before Trump touted the HQC cocktail, I saw people citing side effects that only occur after years of regular use, and even then only in a small minority of cases, for why it shouldn't be used/won't work.

this is TRUMP'S FAULT!

>>18346908
It’s the opposite Fauci being claimed as an expert by the commie Democrats.

>>18346908
>he has a stake in it

between $1,001 and $15,000 in a mutural fund that has 2.9% of its assets in this company, so Trump between $29 and $435 of stock in that company (through a mutual fund)

Also the drug's patent expired long ago, so literally anyone can make it

>>18346721
https://www.zerohedge.com/health/why-did-fauci-cheer-use-untested-drug-coronavirus-2013-now-hes-skeptical

>>18346908
>>18347202
I saw this today.
Keked when I read the article, and it disclosed that his "stake" in HQC (an unpatented generic) was a boomer mutual fund where one of the holdings is a company that happens to make the drug (along with many others).
Pure lügenpresse.

>>18346961
>>18347014
>>18347202
Fucking headlines got me

>>18346623
Because it works.

Also kek I want to buy $16000 in the mutual now to have a bigger stake than the president

>>18347260
The headlines is how the fake news always gets you senpai.

They publish things that are "technically" true but extremely misleading.

>>18347260
>>18347249

What's hilarious is that the reporter who wrote that story had to KNOW that the maximum Trump ownership of that one company, via some frigging mutual fund, was between $29 and $435, because he went into the financial disclosure to find that information, where all the numbers are.

And then he just omitted the numbers and filed the story. He knew it was bullshit as he was writing it, and he did it anyway. Literal fake news.

>coronahoax

>>18347014
Yes the MSM has used the fact that people they want to smear "own stakes in private prisons" or some other asshole industry when in reality they will own a generic vanguard funds that has like .0X% or whatever of the total fund in private prisons

In order to believe something mentally healthy people need proof. Some of those reports about the drug had huge red flags like excluding the person that died and the people that went to urgent care. Republicans have idiotic blind faith in the orange clown.

>>18347204

Theres one thing for a medical professional to be optimistic about the use of an existing drug to tackle a medical threat,
and another for the president of an entire nation to backtrack on his own declaration of a national emergency, and then to name drop an unproven medication every livestream.

>>18347296
>He knew it was bullshit as he was writing it, and he did it anyway. Literal fake news.
He was told to do it from the start, this isn't any kind of incompetence at any level, it's malicious at every level.

>>18347343

Yeah, motherfuckers, all of them.

It was kind of fun to watch Twitter blow up with that "story" for an hour, trending at #3 with #RESIGNDRUMPF and #IMPEACHAGAIN and then when someone said "wait guys it's only $435 through a mutual fund" it suddenly just vanished

>>18347298
https://www.snopes.com/fact-check/trump-coronavirus-rally-remark/

Yeah, I know -
>Snopes

but it's factual that Orange Man did not call the Corona Virus a hoax. He had already started the Corona Virus task force at that point. Also he started the Corona Virus task force while the Dems were still trying to impeach him lel.

>>18347202
Goddamn. I knew there was going to be something disingenuous when I started seeing those "TRUMP IS INVESTED IN THE DRUG" headlines.

I just want to know, as a matter of fact, whether the drug is saving lives or not.

>>18347388
>I just want to know, as a matter of fact, whether the drug is saving lives or not.

It seems to be at the very least pretty effective, to the rage of Big Pharma who was doubtless looking forward to a trillion dollars worth of vaccine and boutique antiviral sales.

So take Democrats who want this to go on til November and fill mass graves in swing states, and Big Pharma, with all of its enormous ad spend, furious that a cheap, unprofitable generic drug might be a silver bullet, and you get a guarantee of unbelievably dishonest media coverage

Yes because political affiliation will make you want to take a drug that is gaurenteed to make you blind after several uses

>>18347530
That's from a study done in Ibadan, Sub-Sahara Africa where people were self-medicating with OTC Chloroquine and abusing the drug. "Average duration of self-medication with chloroquine was 5.3 years."

I honestly don't get what people have to gain from spreading misinformation about the drug. Worst case scenario is people die because they're refusing to take the drug because of all the disinformation spread by retards.

>>18347462
Good points. Wouldn't surprise me at all if Big Pharma is behind some sort of delay tactics until they can find the best way to profit.

>>18346908
You can't have a stake in a generic drug you brainlet. You're either a shill or a retard, pick.

>>18347530
Man, what is it with these shills and their fake fucking news?

>Hydroxychloroquine retinopathy is most influenced by daily dose and duration of use. Risk for toxicity is less with <5.0 mg/kg real weight/day for hydroxychloroquine and <2.3 mg/kg real weight/day for chloroquine[2]. Patients are at low risk during the first 5 years of treatment.

https://eyewiki.aao.org/Hydroxychloroquine_toxicity

This is one of the most well-known generic drugs. We've studied it to death. All drugs have side effects and these ones are known and well-managed.

>>18347343
Trump does however have a lot to gain from things to get better REALLY fucking fast, though.

He is seeking reelection, he has Hotels with his name on them that are most likely bleeding money like a stuck pig, and he can arguably be considered at fault for the entirety of this considering his administration's deletion of the Pandemic Response team while also removing a key American Health Official from China a few months prior.
And also we have the highest unemployment rate in American history coupled with the most money every spent on a stimulus package.

He has a lot to fucking lose, is what i'm saying.
He already has a loose grasp on the consequences of the things he says and does already, so latching onto the first touted cure for this seems kinda like a thing he would do in a state of panic. Not only that, he either doesn't listen to his advisers, or just removes them entirely.

Consider as well how he doesn't want oversight on the $2 Trillion dollar stimulus bill to be from anyone besides someone he directly puts in himself.
Trump hotel can be considered affected by the coronavirus, can it not?

>>18346908
Found the faggot posting on biz that’s too retarded to understand how a mutual fund works