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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Essam Hamza who wrote (171)12/16/1998 12:54:00 AM
From: keith massey  Read Replies (2) | Respond to of 2259
 
Hey Essam

Good reason for using a full service. I am notified about ipos through friends that pay for full service and don't transfer shares so I am fairly happy in the discount world.

Priorities announced new rates when using PCQuotes. They were attach to the news release announcing the combo. With Priority each trade cost you a percentage of the trade dollar value. When trading higher priced stocks this percentage method would normally double the commission I pay with E-trade. However for lower priced stocks Priority seems like the way to go.
Although PFE is an American stock I will comment on it.

From a technical standpoint PFE is looking very weak. It just ran up 25% on decreasing volume and momentum is slowing. I am assuming that you are referring to Celebrex as the new drug. Funny thing is that I just read a paper on COX-2 inhibitors (I think in Inflamation Research) last month. Was looking at COX isoenzymes play in delayed onset muscle soreness.

Smart guys using this instead of NSAIDs. I don't know if it will be bigger than Viagra since a lot of doctors will stick with NSAID for several years before (if) they switch over. Other than stomach pains there isn't a lot of side effects with NSAIDs.

Hard to say how this drug will effect the stock in the long term. However in the short term the chart looks a little scary for me.

Best Regards
KEITH