Pfizer's Run Might be Done.
http://blogs.barrons.com/stockstowatchtoday/2011/11/14/pfizers-run-might-be-done-leerink-swank/
Sell! Sell! Sell!
Hedge fund Greenlight Capital Inc. disclosed Monday that it exited all holdings like drug company Pfizer Inc, of which it previously held 23.5 million shares.
David Tepper’s Appaloosa investment fund apparently has sold its entire holdings of its largest stock position, in Pfizer. A quarterly snapshot of Appaloosa’s investment holdings showed no ownership of Pfizer stock as of Sept. 30. The months earlier, the firm owned 14.5 million shares of Pfizer. The firm completely eliminated its stakes in Pfizer Inc., which had been one of its largest holdings by value, a stake worth nearly $300 million as of June 30.
http://blogs.barrons.com/stockstowatchtoday/2011/11/14/pfizers-run-might-be-done-leerink-swank/
Sell! Sell! Sell!
Hedge fund Greenlight Capital Inc. disclosed Monday that it exited all holdings like drug company Pfizer Inc, of which it previously held 23.5 million shares.
David Tepper’s Appaloosa investment fund apparently has sold its entire holdings of its largest stock position, in Pfizer. A quarterly snapshot of Appaloosa’s investment holdings showed no ownership of Pfizer stock as of Sept. 30. The months earlier, the firm owned 14.5 million shares of Pfizer. The firm completely eliminated its stakes in Pfizer Inc., which had been one of its largest holdings by value, a stake worth nearly $300 million as of June 30.