Why: Because I own a stock with nearly a 5% dividend yield that has been doing nothing but go down for the past 7 months... This company should purchase a biotech or two in the next year refurbishing its pipeline of experimental drugs and replacing income from Lipitor... We all know the hedgies and the risk arb guys are holding her back... But mark my words, we will have our day at $20 again.
It will be sooner rather than later..
You also "told us" at $15.95 more than a year ago....
Idiots at Yahoo erased my mulligan post 27-Jul-09 06:58 pm
Last week on Friday morning I posted that the market offered a mulligan by bringing PFE's share price back to $15.95 in the after hours.... Yahoo lovingly erased the post... Does this mean that their are hedge fund boys in bed with Yahoo who did not want investors to see the post..
I simply said that the opportunity to purchase PFE under $16 again was a real opportunity as this stock is on it's way now... It has broken out and will not stop at $20.. It will not go long past $20 and head towards $30 very fast.
Good luck longs....
Sentiment : Buy
Oregon too is home to many fruits & nuts, especially filberts (hazelnuts).
Washington seems to have a higher percentage of fruits to nuts.
Oregon has no general sales tax at all, just use (eg gas), room & sin taxes. Loads of hippies young & old. Our tax structure is uniquely ill-suite to our economy, such as it is, rather like Alan's superior methods & PFE.
I had heard Oregon had its share now. I have never been there or in Washington. I did hear the sales tax rate is favorable in Oregon. Judging my the number of motor homes I see from Oregon it is the home of many old hippies/tax evaders.
In the early 1960's when I lived in Santa Ana, CA there was a guy named Joe Pine that had a television show from LA. He explained the number of nuts in the Southland was caused by the shape of the state which caused all the nuts in the state to drift down. The problem is particularly bad in the West Los Angeles area. "straight ahead!"
Yes, of both fruits & nuts.
PFE is overvalued compared to its peers based on post-Lipitor & other patent expiration estimates, even without taking the low quality of its earnings & baleful Kindler discount effect into account.