Pfizer Inc. Message Board
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Just bought "ABRX"
Looks like it's entering the recovery stage. My uncle says it should triple in a few months or sooner.
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Ceo resigned. Recalled all products. Shutdown operations. Can't hire good people. FDA is going to be up their ass for years to come. Lots of expensive consultants installing bureaucracy. Sounds like they may not survive. Lots of downside risk.
Your Uncle is wrong about the timing of any upswing. Wait to buy it at $1 and hold for a few years- 1 Reply to eb2022000
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another jolt: today they announced the layoff of 200 people.....from a company with 400 employees!
And we still dont even know why they stopped manufacturing and recalled every single one of their products.
Ouch
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you just invested in a company that recalled all of its products.
read that again and again until it sinks in.
Top 5 reasons to avoid ABRX:
1. they arent selling any product
2. they have recalled all of their prodcuts
3. their is considerable cost incurred with a recall.
4. multiply that by the number of products they have
5. see number 1 and 2.
good luck
~MB -
Is this the same uncle who was planning to retire with his great investments in Enron and WorldCom?
- 1 Reply to smart_investor67
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I believe thats the one who discontinued his Celebrex after reading the NY Times.
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