Vandollar,
You know the rule of opinions, everybody's got one! Some of the free stuff I read from time to time as part of a sales pitch offer me 180 degree opposite opinions on PFE. One "expert", who's specialty is making money shorting weak stocks, tells of the coming disaster for many Dow stocks and recommends PFE LEAP PUT options to make you wealthy in 2010.
On the opposite side of the field and from the very same publishing company, just yesterday, I read how PFE sales are expected to grow as pharmaceuticals are now one of our biggest exports and the weakling dollar makes our products even more accessible to the world. BUY PFE now to get rich as it climbs to $20/share+
My last batch of PFE, I have held for just under one year and have a nice profit now.We wrote calls against the position each month and collected dividends. I guess the only thing to do is put a collar on it, collect one more dividend and then allow it to be called away or put it to someone else, depending on the market. I sure can not listen to the "experts",,, , they can not agree on anything!
Regards and good trading,
Jack
From: Vandollar <mercdesdrvr@ yahoo.com>
To: ConservativeOptionS trategies@ yahoogroups. com
Sent: Fri, January 1, 2010 12:00:37 AM
Subject: Re: [ConservativeOption Strategies] pfe
PFE broke the $18.20 barrier even with div increase. wonder how far if it will drop
--- On Thu, 12/31/09, Randy Harmelink <rharmelink@gmail. com> wrote:
From: Randy Harmelink <rharmelink@gmail. com>
Subject: Re: [ConservativeOption Strategies] pfe
To: ConservativeOptionS trategies@ yahoogroups. com
Date: Thursday, December 31, 2009, 11:26 AM
Still significantly lower than it was a year ago, when they cut it in half. I'm not sure many will forget that bonehead move. On Thu, Dec 31, 2009 at 6:28 AM, Vandollar <mercdesdrvr@ yahoo.com> wrote: See they raised their div, should help the price stablize
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