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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.830.0%2:08 PM EST

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To: Anthony Wong who wrote (7702)5/17/1999 2:18:00 PM
From: Nick  Read Replies (3) of 9523
 
Pfe thread,
My father had borrowed 65K from a bank, for whatever reason. However, he decided to buy 500 shares of PFE at 131 for a year or so, with that money. I'm a little nervous that tomorrow's Fed meeting might trigger a 20% correction or so over the next month. With a short term outlook for under 12 months, do you think he should ride it out? Or sell and try and by back at lower positions? Or because of PFE's recent correction, do you think it's downside is now limited? Any advice, would be greatly appreciated...

Nick
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