10-27-2020, 08:48 AM
a rare one for me, I actually sold something!
PFE
Such a rare event that it required some explanation.
I entered at around $32 in March, for one I thought the price was super low. And two, well it was the start of a pandemic so doesn't hurt to have more healthcare.
Thought about making it a "real" position for a while, but I wasn't ready to pay much more than $32, so I think I've added to it only once since March. So it's a relatively small position that has appreciated nicely, the spinoff is coming (so the dividend will likely be lowered, unless you plan on keeping the Upjohn shares), and... I might be wrong about this one.. but I think the majority of the vaccine hype is already in the share price.
PFE
Such a rare event that it required some explanation.
I entered at around $32 in March, for one I thought the price was super low. And two, well it was the start of a pandemic so doesn't hurt to have more healthcare.
Thought about making it a "real" position for a while, but I wasn't ready to pay much more than $32, so I think I've added to it only once since March. So it's a relatively small position that has appreciated nicely, the spinoff is coming (so the dividend will likely be lowered, unless you plan on keeping the Upjohn shares), and... I might be wrong about this one.. but I think the majority of the vaccine hype is already in the share price.