Sonki, I wasn't even able to get a quote -- much less execute a trade -- on the ADRs today, due to complete overload at my broker (Fidelity). I was hoping to get more at around 70, but it looks like (maybe?) it settled around 73. I wouldn't have a problem buying more at these levels (it's down 6 percent from three days ago), but as the military would put it, we are now presented with a "target rich environment" -- so many good stocks have dropped to temptingly cheap prices, I don't know where to start, and I only have so much money to spread around.
By the way, you can get the quote on the ordinaries in Swiss francs from the Swiss exchange -- I don't remember the URL, but you can get there from the Novartis web site. The problem is, you have to convert to dollars, and I am too tired to make the effort tonight.
Good luck!
Chuck Edwards |