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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.08-2.7%Nov 14 3:59 PM EST

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To: BigKNY3 who wrote (7538)4/28/1999 2:28:00 AM
From: Bull-like  Read Replies (3) of 9523
 
BigK and Albert-

Cramer is running a hedge fund which by definition won't be a long-term investor. He has been using CNBC as a platform (just shows you the credibility of CNBC) to spread fear and hype about some stocks. Want to know his track record about the predictions he made on CNBC or street.com? Pathetic is the only word I want to use. Want examples? Last year, he predicted cpq was wonderful and has turned around. Shortly after, cpq tanked. And just look where cpq is right now! After a big sell-off of tech stocks last year, the day after, he proclaimed on cnbc that tech stocks were dead, and would be dead for a long-time. Well, several days later, NASDAQ rallied to a near new high!
Let's put it this way, his opinions are merely random noise in the whole market, and only serve to shake the small and inexperienced small investors. For a high-quality stock, like pfe, this short-term dip in price only serves as a rare buying opportunity. Just like what BigK said.

Happy investment everybody!

da bull
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