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  • nypd2726 nypd2726 May 16, 2012 10:23 PM Flag

    I thought I was investing in a safe dividend paying drug company

    "Cramer pushed MCD @ 99 and SNY @ 38 Now he recommends that you wait to buy MCD @ 80. Do you think he might apologize for his predictions?"

    It amazes me that so many investors worship the guy.

    Check out this piece I read online re Greece. In particular, this paragraph:

    "There would be bank runs across multiple countries," he predicted. "Citigroup, for example, may not be exposed to Greece, but it may be exposed to Portugal, Spain, France. ... It may be exposed to a company that's exposed to France, or exposed to exports to EU."

    http://www.cnn.com/2012/05/16/world/europe/greece-politics/index.html?hpt=hp_t2

    Do you think this is germane to SNY retracing?

 
SNY
38.95-0.120(-0.31%)May 6 4:01 PMEDT