Here is that very solid quarter — beats at the top-, and bottom- lines. But it is trading down a fraction on the NYSE.

What gives, indeed?

Meanwhile, Riot Platforms, a hapless Bitcoin miner that will, in all probability post its worst quarterly loss in history — after posting its worst ever annual results (about a month and a half ago) — is up, almost 6% after falling 20% early in the week.

One could be forgiven for making the assumption that — with the SEC being hog-tied by Tangerine 2.0 appointees, Wall Streeters are… manipulating stocks for pump and dump runs.

As to Merck though, the vast capital to manipulate the needed volumes on the NYSE… are well-beyond any one firm’s capital reserves. So — I just think people are just… unduly cautious — on pharma, of late.

We shall see. Onward — and I haven’t even begun to handicap the Kentucky Derby entrants yet, this year — but may fly down, anyway and snag a seat… smile.

नमस्ते