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Pfizer Inc. Message Board

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  • no_onee_is_that_stupid no_onee_is_that_stupid Nov 15, 2005 4:27 PM Flag

    Pfizer Share Sell-Off Seen As 'Overdone

    * The fact remains that this stock is flirting with its all time historic low *

    What?!? "All time?" Where do you get that? Take a look at the chart. It is bad, but not that bad.

    * Many analysts don't believe that PFE stock will rebound appreciably in the near future. *

    Are these the same analysts that said PFE was going higher for the past 8 years? The one that had $42 targets when it was at $38, $36 targets when it was at $32, $32 targets when it was at $28? What makes you think they are suddenly correct in their predicitons?

    But I would agree that this is not a stock to be enthusiastic about. There are much better stocks around at this point. With the dividend, PFE might be an OK long-term investment IF they win the Lipitor patent case, but there is little compelling about the Pfizer story at this point.

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