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Moderna Inc (MRNA) CEO Stephane Bancel Sold $1.4 million of Shares

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CEO of Moderna Inc (30-Year FinancialInsider TradesStephane Bancel (insider trades) sold 11,046 shares of MRNA on 03/05/2021 at an average price of $128.18 a share. The total sale was $1.4 million.

Moderna CEO Stock Buy and Sell History. IPO at $23 in 12/2018.

Moderna Inc has a market cap of $49.36 billion; its shares were traded at around $123.470000 with and P/S ratio of 61.56.

CEO Recent Trades:

  • CEO Stephane Bancel sold 11,046 shares of MRNA stock on 03/05/2021 at the average price of $128.18. The price of the stock has decreased by 3.67% since.
  • CEO Stephane Bancel sold 19,000 shares of MRNA stock on 03/04/2021 at the average price of $136.64. The price of the stock has decreased by 9.64% since.
  • CEO Stephane Bancel sold 11,046 shares of MRNA stock on 02/26/2021 at the average price of $154.7. The price of the stock has decreased by 20.19% since.
  • CEO Stephane Bancel sold 19,000 shares of MRNA stock on 02/25/2021 at the average price of $150.66. The price of the stock has decreased by 18.05% since.
  • CEO Stephane Bancel sold 11,046 shares of MRNA stock on 02/19/2021 at the average price of $174.8. The price of the stock has decreased by 29.36% since.

Directors and Officers Recent Trades:

  • General Counsel and Secretary Lori M. Henderson sold 6,600 shares of MRNA stock on 03/04/2021 at the average price of $128.58. The price of the stock has decreased by 3.97% since.
  • President Stephen Hoge sold 20,000 shares of MRNA stock on 03/03/2021 at the average price of $149.69. The price of the stock has decreased by 17.52% since.
  • See remarks Juan Andres sold 5,000 shares of MRNA stock on 03/03/2021 at the average price of $145.6. The price of the stock has decreased by 15.2% since.
  • General Counsel and Secretary Lori M. Henderson sold 6,600 shares of MRNA stock on 03/02/2021 at the average price of $153.77. The price of the stock has decreased by 19.7% since.
  • Director Noubar Afeyan sold 1,753,697 shares of MRNA stock on 02/24/2021 at the average price of $146.19. The price of the stock has decreased by 15.54% since.

For the complete insider trading history of MRNA, click here

This article first appeared on GuruFocus.

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Roll Up Your Sleeve – The Jab!

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KDHE quietly reduced cycle threshold on COVID tests

by Patrick Richardson

Earlier this month — and without fanfare — the Kansas Department of Health and Environment’s Health and Environmental Laboratories reduced the cycle threshold for its real-time COVID-19 test from 42 to 35 cycles.  (The screengrab below shows KDHE mistakenly dated the change January 2020, but the link address is dated 2021 and KDHE wasn’t running COVID tests a year ago.)

This comes after months of warnings by health professionals — including Dr. Anthony Fauci and the World Health Organization — that high cycle thresholds in the most commonly used tests were producing false positives.

The cycle threshold is — roughly — the number of times a bit of genetic matter must be copied by the testing equipment to determine how infectious a given individual is. The higher the cycle threshold needed to identify COVID, the less viral load a person has; some virologists say results above 35 cycles are “false positives” because they are only detecting dead nucleotides and are not contagious.

In October of 2020, KHEL said their most commonly-used test “has a Ct cutoff of 42 and is the most sensitive assay [test] currently available.”

On January 7, the Ct cutoff was changed to 35, and the last half of that sentence omitted.

The Sentinel reached out to KDHE spokeswoman Kristi Zears, to ask if private laboratories being used by local governments like Wyandotte County had also reduced their cycle threshold, but received no response.

Fauci has stated that the cycle threshold should be 34 or below.

“If you get a cycle threshold of 35 or more, the chances of it being replication-competent are minuscule,” Fauci said at roughly the four-minute mark of this video. ‘Replication competent’ means particles capable of infecting cells and replicating to produce additional infectious particles.

Meanwhile, rising case-counts have been continually used by Governor Laura Kelly to justify continued restrictions, largely ineffective mask mandates, and lockdowns.

The problem is, the WHO has now warned against over-sensitive tests, and recently issued guidance that “careful interpretation of weak positive results is needed (1). The cycle threshold (Ct) needed to detect virus is inversely proportional to the patient’s viral load. Where test results do not correspond with the clinical presentation, a new specimen should be taken and retested using the same or different NAT technology.”

Downward trend in Kansas

While there is no proof that the lowered Ct has led to a sudden reduction in “cases” — and thanks to KDHE’s silence it is unclear if private labs have followed suit — it is notable that, while case-counts have actually been dropping since Thanksgiving, there has been a noticeable drop in average daily positive results since Jan. 7, from 2,752 on the 7th to 1,795 between the 19th and 20th of January.

KDHE doesn’t publish daily case updates; the daily numbers in the chart above represent the daily average between reporting points.

Proper cycle threshold

As national outlet PJ Media points out, the so-called “case” numbers should more accurately be called positive tests, and as PJ’s Stacey Lennox writes, “The New York Times and several experts admitted in late August that up to 90% of positive PCR tests were not indicative of the active illness that could be transmitted to others.”

As the Sentinel previously reported, Dr. Michael Mina, an assistant professor of epidemiology at both Harvard Medical School and the Harvard T.H. Chan School of Public Health, told Harvard Magazine that reporting people positive on tests with a high cycle threshold are “false positives.”

“Tests with thresholds so high may detect not just live virus but also genetic fragments, leftovers from infection that pose no particular risk,” Mina said. “Akin to finding a hair in a room long after a person has left.”

One maker of the COVID PCR test, Bioningentech, offers guidance quite similar to those in a New York Times article, which points to oversensitive tests nationwide.  Cycle thresholds between 12 and 36 are considered positive; results between 36 and 40 cycles are considered marginally positive, and anything over 40 cycles is considered negative.

“Any test with a cycle threshold above 35 is too sensitive, agreed Juliet Morrison, a virologist at the University of California, Riverside. “I’m shocked that people would think that 40 could represent a positive,” she said.

“A more reasonable cutoff would be 30 to 35, she added.

Dr. Mina said he would set the figure at 30, or even less.

“Those changes would mean the amount of genetic material in a patient’s sample would have to be 100-fold to 1,000-fold that of the current standard for the test to return a positive result — at least, one worth acting on.”

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SARS-CoV-2/COVID-19 virus PCR Ct Cutoff Values

SARS-CoV-2/COVID-19 virus PCR Ct Cutoff Values

January 7, 2021

The Kansas Health and Environmental Laboratories (KHEL) use real-time PCR (RT- PCR) to look for the genetic material (nucleic acid) of the SARS-CoV-2 virus in patient samples. Our most commonly performed RT-PCR assay (aka test) has a Ct cutoff of 35. All assays are rigorously and critically evaluated for accuracy prior to use on patient specimens.

  • Ct stands for ‘cycle threshold.’ The higher the Ct number, the lower the amount of virus detected in the specimen.
  • Not all RT-PCR tests use the same Ct cutoff. Each test is different, with different sensitivities based on things like how the test was designed.
  • Any specimen that has a Ct below the cutoff for the test is most likely a true positive. Ct cutoffs are established by test manufacturers through evaluation of known positive and negative samples and are approved as a part of the FDA’s Emergency Use Authorization process. Clinical laboratories, including KHEL, are federally regulated and always perform rigorous in-house evaluation and validation of each new assay before using it to test patient samples. This involves testing known positive and negative samples to ensure the assay is working properly and not producing false results.
  • SARS-CoV-2 diagnostic RT-PCR assays are qualitative (yes or no) tests. They are not designed to determine the amount of virus present in the specimen (viral load) because many external factors can influence these results. Ct values can differ immensely between a poorly collected specimen to a well-collected specimen. A common reason for false negatives is poor specimen collection. Other factors that can impact Ct values include proper (or improper) specimen transport, specimen storage temperatures, how many times the specimen has been frozen, and the instrument on which testing is performed.
  • Viral loads can vary by body site and the stage of infection. Early during infection virus is easiest to detect in the upper respiratory tract with a swab. Later during infection as the virus migrates, the virus may be harder to detect in the upper respiratory tract but testing of lower respiratory tract samples may be more likely to detect the virus.
  • The amount of virus present in a person can vary during the course of their illness. A specimen may have a higher Ct value (low viral load) if the patient is early in their infection and the virus is still increasing in their body or later in infection when the viral load is decreasing. In both of these examples the high Ct still represents a true positive with SARS-CoV-2 nucleic acid detected.
  • For SARS-CoV-2, it is still unknown how much virus is needed to transmit virus from person to person and cause new infections. This is one of the many areas of ongoing research.
  • RT-PCR tests are the “gold standard” for SARS-CoV-2 testing worldwide, not just in the U.S, with the highest sensitivity and specificity of any known diagnostic test for this disease.

Source: Kansas Department of Health and Environment

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On the Back of a Tiger: Episode One, Gilbert Ling

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Dr. Ray Peat – Full Interview from On the Back of a Tiger

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Injury Specific Training #3

The last blog noted that the knee it to knee out and heel moving inwards after ground contact is the patterning seen in a backwards moving athlete (high jumper) that (correctly) loads the inside edge/big toe side of the foot in order to complete the backward trajectory needed during the sport task. The high jumper’s pattern was juxtaposed with that of Michael Jordan, a forward moving jumper.

My views on many commonly used gym exercises have changed recently because the motor pattern they ingrain into the nervous system is for backward movement. This is harmful because the trainee takes this pattern learned in the gym into movements during life and sport that aren’t in a backward direction.

Take a look at the video below of the power clean. Now for most observers, the valgus at the knee especially on the right side is a concern; and I agree, it is a concern. The more alarming thing, however, is the fact that the trainee is applying force from the inside edge of the foot at the big toe, the knee goes inward to outward, and the heels go in. This is the backward moving software seen by the high jumper. What good is backward moving software for the forward and side to side moving person or athlete? Good for a rise in injury risk unfortunately.

Loading the inside edge of the foot is structural collapse of the lower extremity for the non-backward moving athlete. Below is more evidence of what happens when inside edge of the foot loading occurs — knee in to out, hip internal rotation to external rotation, heels move inward after takeoff.

Athletes or trainees should not practice the foot collapse positioning nor the motor patterning for moving backwards unless they have specific demands related to moving backwards, which isn’t common. Trainees are learning to move forward with reverse mechanics. This promotes gradual wear and tear on joints and connective tissues and non-contact injuries in life and sport. Forward moving trainees need to learn the mechanics shown by injury resistant athletes, like Michael Jordan, not that of a high jumper.

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Basketball Player vs High Jumper: Forward Movement vs Backward Movement

Below is an elite-level high jumper (Janick Klausen) in slow motion displaying quality movement mechanics for jumping backward. The knee of the plant leg goes inwards as the knee goes into valgus and the hip internally rotates, the arch collapses, ankle pronates, and the heel goes inward as the hip externally rotates after takeoff. He accomplishes these mechanics with inside edge/big toe side foot pressure.

Below are videos of Michael Jordan displaying quality movement mechanics for jumping forward off of one leg. The knee of the plant leg goes outwards as the knee goes into a genu varum (bowed position) and the hip externally rotates, the arch does not collapse, the ankle supinates, and the heel goes outward as the hip internally rotates after takeoff. He accomplishes these mechanics with outside edge/pinky toe side foot pressure.

Video Made by @redpillrick on Instagram

The two different athletes have mechanics for jumping that are the opposite of each other. Which elite athlete is wrong? The answer is neither due to the direction that each athlete is jumping. MJ and the high jumper use the proper mechanics for the task.

The problems arise, however, when trainees use the backward high jumper movement mechanics to move forward during lifting, walking, running, landing, or jumping. Many commonly used exercises are unknowingly causative in ingraining the wrong movement software into trainees and athletes’ nervous systems. Non-contact lower extremity injuries, gradual wear and tear of connective tissues, pains of various types, and the need for hip and/or knee replacements happen as a result.

The arch shouldn’t collapse, the ankle shouldn’t pronate, the knee shouldn’t go in to out, and the heel shouldn’t flick inward on release to move in any direction other than backwards. Jordan, a high-level, injury-resistant athlete, shows us how to move forward properly — the ankle remains in supination without arch collapse during ground contact, the knee moves out to in, and the heel goes away on release.

Some of the so-called best exercises for athletic and muscular development are overwriting the forward software learned from birth and writing in the reverse movement code. Future blogs will expand on how one or more components of the backward-moving software is synonymous with injury in the non-high jumping training population.

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Injury Specific Training #2

Others who suffered a non-contact ACL tear showed the same knee valgus, arch collapse, and ankle pronation seen in this video. This is a very common structural collapse seen repeatedly on social media among many different populations, including professional athletes.

The upper and lower legs bones will be rotating in opposite directions and will gradually harm the knee because the system is not being used as intended. The strain on the knee worsens as the athlete or trainee rotates the torso away from the leg bones rotating in opposite directions as seen in the video above and screenshot below. Lots of rotation going on but not in done in directional unison.

Injury Specific Position

Below are examples of NBA and NFL players that have torn their ACLs in similar or better positions relative to the trainee featured above. Ankle pronation, arch collapse, and knee valgus are commonalities in these injuries. Do not mimic these structurally collapsed patterns during on-field or in-gym training.

NFL and NBA non-contact ACL tears

A bow legged (genu varum) position with a supinated foot and knee facing outward is the protective position to change direction from. In this way, the torso and both lower leg bones are rotating in the same direction and cannot tear the knee ligaments while the foot’s arch remains intact. Below is an example of proper change of direction mechanics.

Trainee shows proper change of direction patterning with bowed leg, knee facing outward, ankle supination, torso rotated towards the plant leg and head over foot positioning. The rotation of the system is moving in the same direction in unison, and there is no structural collapse. These mechanics are reminiscent of how injury-resistant athletes like Barry Sanders and Michael Jordan changed direction.

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Injury Resistant Training: Jordan Two-Foot, Forward Jumping Mechanics

Michael Jordan is a very high level athlete and was exceptionally injury resistant during his playing career. His movement mechanics have a large part to play in both his basketball excellence and lack of injury. Look for commonalities in his footwork during the execution of similar dunks in the three videos below.

Jordan repeatedly utilizes the same mechanics on side-leaning, two foot jumps. He uses the right leg to slow momentum as he approaches the basket. He maintains the ankle in supination and does not let his arch collapse. Next, he maintains a bow-legged (genu varum) positioning with front (left) leg with outside edge foot pressure.

The rear (right) leg quickly internally rotates at the hip and the knee flexes just before takeoff with the heel off of the ground. The shoulder, hips, and spine are all working in unison to drive the direction of the jump and create lift simultaneously.

Injury Resistant Two-Footed Forward Jumping Mechanics
Front Knee Out, Back Knee In

The video below is one example of a barbell exercise to practice the injury resilient movement mechanics that closely mimic the rotational setup position displayed by MJ in this blog.

The trainee uses the spine, shoulders, and hips in directional unison to produce the rotational movement. Similar to MJ during his approach before takeoff, the torso rotates towards the bowed leg, he intentionally avoids inside edge foot pressure and ankle pronation, and the knees and feet arches do not collapse. The exercise can be performed without weight or with dumbbells as well.

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