PFE

pfe 2011 jan

As you get older you love to hate  big pharma, certainly when you start with a father as head of the largest Dutch company, Duphar, telling you every day how the business stinks. These guys are the marketers of the world. It is no coincidence that RBC’s top broker, before he got fired,or should I say shown the door, was from the Montreal pharma industry. But enough is enough, we keep thinking about buying low and selling high and Pfizer fits the bill! More and more people will need lipitor, they will just change the color and get another 25–year  patent protection. Perhaps, just perhaps, 80% down was enough. Not yet convinced but willing to put it on the table. Is that a break-out???