( Why not buy a lot and hope and be a loser like all merck investors!!!! )
I can't believe this schmuck is still HAHAing Merck investors. The last 2 trades he told us about (GE and DXO) have done worse than Merck.
( merck will go to 18 before it sees 40!!!! HAHAHA And I have called this year very accurately!!!! HAHAHA )
Yeah, real accurate, he tried to follow Warren Buffet's lead by buying GE when it came way down, but it's down about 15% since he told us he "loaded up" on it. MRK has done better in the same time frame.
He told us he bought DXO (double long oil) at 21 and now it's at 2. Yes, 2. Nice 90% loss!
2009 is a tough call for the market and all stocks -- it would seem everything is in place for a recovery, but who knows? Now, if you ask about MRK (and the market) going out five years, 10 years, then without question, MRK will be significantly higher than it is today. It's a company rejuvenating itself at a time when the demographics and health-care reform will require pharma as never before. Buying at these levels, with the secure dividend paying for their patience, long-term investors will be handsomely rewarded. IMHO.