Tuesday, June 28, 2005

Is Pfizer a good Short?

Hmm all this talk of blindness and Viagra could make for a decent short candidate. That CBS news report may make people think that Viagra could have harmful side effects. Also I think the nature of the side effects could be pretty bad too. Blindness would be only short of death when it comes to taking what many think is a recreational drug.

Even if the PFE finds that their drug doesn't cause blindness it will still take months to complete the investigation. It will most likely lose market share against its two rivals in the meantime. Finally, if the FDA tells them to pull the drug this stock will take a Biogen Idec style nosedive.

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