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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (3113)6/1/1998 3:58:00 PM
From: HiSpeed  Read Replies (1) | Respond to of 9523
 
I have to admit, anyone buying PFE at these should have limited downside and unlimited upside. Wouldn't you agree? However, I do prefer to wait for the downtrend to reverse before going long again. FWIW I'm waiting for SGP to start ticking up again, too (hope to go long again around 80-82 on SGP).

I also would agree on split situation. It probably would have helped PFE if they had split this puppy last month. No doubt the 100+ price has scared away a few investors. Although I've never figured out what the difference is when you can just as easily but 50 shares now or a 100 after the split. Like having 2 nickels or 1 dime if you ask me.