Third Quarter earnings nicely up 26% but profit taking and fear of market downturn causing almost 3% loss in the equity value today.
Also dividend for 3rd quarter is not YET announced but $0.16 should be going EX on Nov 4th or 5th.
Now that Pfizer has acquired WYE and will fire additional 12,400 employees (total 20,000) the earnings should be great even if sales don't live upto the expectations.
I would think PFE will be around no more than $18.50 by the end of the year unless they announce a significant increase in the dividend in the December.
Game.. you are talking about the time DJ was going down 500 to 600 points a day, and it is expected for PFE to move a point up or down a day in those kind of markets. This is nothing like that and now and lately, PFE is acting like ORCL, INTC or RIMM. These are all go go type growth stocks while PFE is supposed to be a rock solid stable company, and its not behaving like that. Thats all.
Nothing seem to help Pfizer. It dropped nearly 3% today. It is NOT a stable stock that Value Line claims to have 95% stock price stability. It has been swinging left and right like go go stocks like Starbucks, Applied Material or RIMM.
The only way PFE may move up is..if Kindler and his managemant raises their dividend to $0.96 from $0.64.
Today was Session #16 in a trading range of $16.78 to $17.98 on a closing basis. If history since early March is any indication, there won't be much movement out of that range for at least another five weeks. That's some go-go stock.
Pfizer will give you the ILLUSION sometimes of being a swinger but when you look more closely, you see what a stay-in-the-boat stock it really is. Don't be fooled by superficialities - look at the RANGES - and how long PFE stays in those ranges.
they gotta raise the freaking dividend after cutting it in half to buy WYE.
Like I said before, if they raise divident by a nickel per quarter, it will cost them $1.6 B ($0.05x8B x4). But if stock goes to $20 as a result of the dividend increase, it will increase the PFE's capitalization value by $24B(3x8B).That can help them to acquire 2 or 3 small biotech companies for $3B to $4B.Ok Avi?..lol
Not if they raise the dividend by atleast 4 or 5 cents per quarter in December. The momentum will carry it to $19-$20
do you really think it will,or just making yourself happy by just saying it so?look around you can't you see what's happening?geez!
You wrote
PFE will almost certainly close under $17.75 next year, probably in January.
Not if they raise the dividend by atleast 4 or 5 cents per quarter in December. The momentum will carry it to $19-$20
yep yep!
yep!!!!!!
I come from a family of achievers. He has his achievements but I have mine and so does my younger brother.
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well, you certainly don't behave like someone who has achieved much of anything...achievers are busy 'doing..
you're too busy runnin your yap, and thumpin your chest, look at me!, look at me!, that's not the posture taken by any achievers I've ever known, except for Terrel Owens....LOL
The man earns extraordinarily high marks for plagiarizing too.
Where is Charty hiding??..lol