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


To: swedelo who wrote (5094)8/22/1998 3:05:00 PM
From: HiSpeed  Read Replies (1) | Respond to of 9523
 
BKNY does an outstanding job. I made a mental note of the battle to keep PFE going out at 105 on exp Friday. This lead me to go long the Aug 105c when the market tanked. I got filled at 1/8. Unfortunately I blew them out too quickly (given that they ended the day at a point!). But it still made for a nice trade!

IMHO PFE'ers have too much attention placed on viagra. It's good to see on this board that some emphasis has been placed on other drugs in the pipeline. I think that if an unusually negative report comes out on viagra causing PFE to tank, then we'll have a good buying opportunity (given that such a report could blow out many of the sellers who initially went long strictly due to the viagra hype; therefore, weeding out weaker sellers). Personally, I think all the hype over viagra is presently hurting PFE more than helping. LT, of course, no worries on PFE.....