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


To: 38rocket who wrote (3228)6/4/1998 11:56:00 PM
From: Barron Von Hymen  Respond to of 9523
 
If you check back to posts from yesterday, you'd see I've bought several June 105 call options at $2 1/2, so I totally agree with your opinion. I broke a rule in doing this, b/c I usually always buy options $5 more deeper in the money and 3 months farther out than I need, but hey, they're now selling for $4 1/4. This is just to supplement my stock core holding. I may buy more stock at this point as well under $110. Good luck. A trader friend of mine is expecting a gap up tomorrow, based on his gut instinct. The chart looks like PFE's finally absorbing all the good news, and the mutual fund managers are piling in. I'll talk to you soon at $125. Good luck, good night. I'm out for now.