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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: MrThesp who wrote (33679)4/28/1999 2:09:00 PM
From: MARK C.  Read Replies (1) of 90042
 
Paul, PFE will run into the split but I would urge you to dump it the day after the split. PFE has a habit of selling off hard after their splits and being as how this one is a 3-1 it will likely sell off hard again. I bought 203 shares in 76 held it through many splits till last year. Those 203 had turned into 3,248 shares. Then lost them all because of my involvement last year in the BB world. If I had not gotten involved with the pennies I would own over 9,600 shares of PFE in a couple months an probably over 19,000 shares 2 years from now. That was my biggest lesson learned and still paying for it. MarkC.
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