I also thought it was a blessing but the market apparently doesn't think that way IE the price of stock , its ashame that a company this large cannot raise its revenues on its own without spending so much money on a takeover,,,
Pfizer appears to be quiescent from a distance, however I'm convinced the head honchos are brainstorming every day as to what will be their next move. The Company desperately needs an injection of new medication.
What direction will the pharmaceutical giant choose to go is a good question, especially after being told "no dice" from Astra Zeneka? While the door is still ajar, I would assume there is still some interest in acquiring smaller biotechs outside the US in the area of 50 to 80B dollars. I doubt the British firm is still on the agenda.
Anyhow, in hindsight, 120B dollars was being too lavish with respect to that purchase. Being shut out has turned out to be a blessing in disguise. What say you?
You are right patriot. By running the country into the ground, Bush sure spoiled it for Obama. You're one of the few on this board that has ability to understand the headache Obama has in rectifying the miserable disaster Bush created.
So can any demorat answer this question--what was the national debt July 4,1780
--prob not. But when Obama took office it was $10 Trillion and today it is $17.6 Trillion and Obama does not even care. He wants to wreck our country....Period. Obama failed simple math. What an incompetent President he truely is.
They need new leadership. Due to the last botched takeover bid don't see another anytime soon. This stock will continue to trade between 28 and 32. Just keep collecting the div and hope whatever R&D they still support has something worthwhile in the pipeline. Unfortunately companies like Pfizer prefer to have smaller pharmas do the research then take them over. They really shot themselves in the foot with Astrazeneca.
They need to do something. $31 surely can't be the top. Hopefully, earnings will surpass any expectations.
Sentiment: Strong Buy
As I recall, George W. Bush was liar of the year in 2003. It's rather odd you don't remember that year. It's also the year you refused to go fight in Iraq. You preferred to hide under your bed and wait for Dubya to tell you when to come out. What a #$%$.
IMGN is for sale at a reasonable price. They have an oncology pipeline, technology, partnerships, cash, NOL's interest in Kadcyla revenues, interest in several other interesting drugs developed by them, or with their technology. ADC's work!
Who Was "Liar Of The Year 2013" ??? GIVE UP?
Barry H. Obama- if you like your Health Insurance and doctor you can keep them.
I have both PFE and GLYC. PFE is pretty deeply invested. Any thoughts? buy out?, phase 3 and milestone payment?. I'm confused by the low volume of GLYC and high interest in GLYC from PFE.Thanks.
Obama the lib much to incompetent to ask the question, "why are companies moving out"
The ignorance of the democrat party and their massively incompetent so-called leader, pathetic!
He was just rated by liberal yahoo story last week as worst president since world war 2. Now that is really bad.
Basically, Clinton, very much like her hubby, is full of chicken soup. She fabricates. (It is the only thing she does consistently.)