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anonymous said:
The folks you mention are multi-generational rich. Once you reach that stratosphere of rich, that’s when you do the social agenda stuff. They don’t live amongst us and really have no clue how the average Joe lives (nor do they care…).
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That is absolutely true in the political class and among entertainers or athletes. For business leaders, it’s an entirely different expectation. Their JOB is to grow value for shareholders. Nothing more. If they can not or will not do that, they should be replaced.
 






anonymous said:
The folks you mention are multi-generational rich. Once you reach that stratosphere of rich, that’s when you do the social agenda stuff. They don’t live amongst us and really have no clue how the average Joe lives (nor do they care…).
Click to expand...
That is absolutely true in the political class and among entertainers or athletes. For business leaders, it’s an entirely different expectation. Their JOB is to grow value for shareholders. Nothing more. If they can not or will not do that, they should be replaced.
 
























anonymous said:
EDIT: you can do this little test now and PFE is in the red all the way through 10 years. Have to go out to All Time for find green. Abysmal what the current execs and board have allowed to happen in Pfizer.
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Go to the same app on your phone. Look at the 5 year trend for Dow Jones, NASDAQ, NYSE. You clearly see the huge drop at the beginning of Covid. Then see the rapid rebound and largely sustained broad market recovery. This was in part enabled by vaccines, treatments and acquired immunity calming public fears.

Now go back to the 5 year trend on PFE. See the Covid drop and the rapid spike when Pfizer announced partnership that would bring both a vaccine and a treatment to patients around the world. The spike was not sustained and we now sit BELOW the pre Covid levels. The company that was among the forefront in bringing confidence and normalcy from a pandemic virus has COMPLETELY muffed the opportunity.

An index fund would be better than PFE. Hell, a CD would have performed like a rockstar compared to PFE. Leadership thinks their job is attending conferences, pontificating social issues. Grow shareholder value or get out. CNN’s probably hiring
 






Our reckoning is coming. Covid may have delayed it, but the world is finally realizing that we have nothing left of any value. No pipeline innovation. No ability to deliver.

I look for the stock to bottom out in the mid teens.

We haven't been great since 1995.

The R-gene is almost gone.
 






anonymous said:
bought seagen and biohaven... not really blown when you look at how they can do what we cant which is have success with in-house products and proven MOAs
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PFE announces we have cleared all requirements to acquire Seagen. Expect to close Thursday. PFE up a whopping $0.03 today. Market unimpressed. If this acquisition is already “built into” the price and we st near a decade long low, we are in deep crap
 






anonymous said:
Our reckoning is coming. Covid may have delayed it, but the world is finally realizing that we have nothing left of any value. No pipeline innovation. No ability to deliver.

I look for the stock to bottom out in the mid teens.

We haven't been great since 1995.

The R-gene is almost gone.
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HAH! Those R-gene people brought the company north of $2.3 Billion in fines (https://www.justice.gov/opa/pr/just...gest-health-care-fraud-settlement-its-history) and myriad suits and terminations. There is a reason so many R-gene managers and senior managers were literally perp-walked out of our old home office, and flanked by security guards.
We were fortunate to have bought companies with mega blockbusters in the mid 90s to 2003. Let's not give R-gene people credit they dont deserve. At the risk of seeming like I have a split personality I have to admit that compared to these Wyeth people leading the way these days, some of those R-gene people look like sales and management rock stars!
 




























































anonymous said:
don’t be shocked when it’s in the teens. They will get rid of reps but keep every one above Director level. Company is and always has been run terrible. They put all their eggs in the Covid basket now pfe has nothing.
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We've sunk literally dozens of billions in R&D in the past 10 years. Literally multiple dozens. What have we to show for it?
 






Tow excepts From CNBC
“Notably, Pfizer expects a 40-cent per share hit from financing costs related to its $43 billion acquisition of cancer drug developer Seagen, which it plans to formally close Thursday.

After raking in billions of dollars from its Covid products, Pfizer has struggled to navigate a world beyond the pandemic and reassure investors about its growth potential. Pfizer is hoping to shift investor focus toward its record drug pipeline, which includes a handful of cancer drugs from Seagen. “

My take: I get that companies use debt leverage when it’s favorable but where’s the cash from Covid sales? We take a $0.40 hit for financing the $43B acquisition that doesn’t return $10B until the end of the decade? We must have a ton of retained cash.
CNBC writers see that PFE had no plan before Covid and gained no focus or plan when showered with billions in unforecasted sales. Please get activist investors to buy in at this decade low and force change.

Lastly, why do we sound like we lament low Covid rates or that people feel the pandemic is over? Either publicly celebrate our role in helping hurdle the worst of the pandemic or look in the mirror to recognize why the public doesn’t understand or trust what we sell. Leadership matters and we are in deficit
 






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