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


To: zurdo who wrote (4083)7/9/1998 2:41:00 PM
From: B.REVERE  Read Replies (2) | Respond to of 9523
 
Zurdo, I have the high at 115 3/16 which was briefly touched.
The selling pressure comes from two sources. The s&p 500 index
has been weak all day (currently -6.00),whenever it heads down,
it takes pfe's momemtum with it. Also, there are obviously a lot
of calls being closed today by call writers and this will depress the stock. I think they are making a mistake closing out now 4 days
before earnings.

Later,