PFE - Pfizer Stops Trial on Torcetrapib Cholesterol Pill

if PFE doesn't close up tomorrow I won't even bother trading it. it may have already experience the bounce (on 12/3/06 from $23.50 intraday) that i was looking for.
 
Quote from mschey:

You guys missed the easy money already. Now it's a coin toss, IMO.
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Depends on how you trade. I find what I do the "easy money."
 
trailing stop hit today so I closed today @13:20 $ 25.28
I avg'd in @ 24.87 only snagged 1000 shares b/c stock didnt move as I wanted it to the day after it tumbled.

getting cautious (not short) on overall market. will probably only trade 1000 shares at a time until rsi gets oversold.
 
I purchased shares at $24.96. I thought about scaling in, but I didn't see the advantage in this case.

I'm long. I expect this to hit $30 to $34 within a year. And it's a safer play in what will be a more volatile 2007, IMO.

The 4% yield is just sugar on top.
 
good trade. I am sure I left money on the table, but I have to be disciplined. my target was about $26.

you should do ok with this one. good luck and keep us posted.
 
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