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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.08-2.7%Nov 14 9:30 AM EST
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To: Ron Flanigan who wrote (6017)10/14/1998 2:37:00 PM
From: Tokyo VD  Read Replies (2) of 9523
 
Ron,

I actually own PFE with a split-adjusted cost basis of ~$16. Just because I look at things critically doesn't mean you can't have a buy and hold mentality.

I'm not sure what you mean about a Johnny-come-lately posts because almost all of my posts have been accurate and helpful (without the hype like your posts):

Avoid LNET at $12, now $5
Avoid SYNM (then SLHO) at $32, now $10
Avoid ACTN at $38, now $20
Avoid DCTM at $48, now $23
Avoid PLC at $17, now $3
Avoid PRLS at $20, now $3
Avoid LHSPF at $58, now $37
Avoid MMGR at $19, now $24
Avoid ZONA at all costs

Granted, the market took some of the air out of these names, but the fundamentals on at least half were suspicious enough to warrant caution at the levels when I stepped in.

I'm offering the same advice for PFE. Did I ever tell you to sell? NO. Did I do anything but ask that people review the reason why they own the stock? Have I told people that I've changed my opinion on stocks? YES. That is why I wrote earlier today that DCTM might be a good buy at $21. That stock is now up to $24 3/4. Company will report after the close and the stock will go up further tomorrow due to fundamentals.

Get to know what you own and be able to articulate why. Then you can talk to me about investing (because the fundamental analysis you've done on PFE is negligent and plain wrong).

Tokyo
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