The Pfizer Drama That Wasn't

Trading in Pfizer was halted last week because of pending news. While we see that all the time in smaller biotechs -- MannKind will likely be halted next week during an FDA advisory committee meeting -- it's rare for larger pharmas such as Pfizer or Merck

Mar 21, 2014 at 3:38PM

Trading in Pfizer (NYSE:PFE) was stopped last week for pending news. That's not something you see every day.

Small biotechs, on the other hand, often get halted for big news. MannKind (NASDAQ:MNKD) will likely be halted for most of April 1 as the Food and Drug Administration advisory committee discusses the company's inhaled insulin Afrezza and makes a recommendation about whether it should be approved. Every little thing the panel members say could change the potential for approval and therefore the value of the company. While some day traders might love the idea, it's in everyone's best interest to wait until the final vote to open up trading.

But you rarely see large pharmaceutical companies get halted. Big news is released before the markets open or after they close, and news that breaks at midday tends to be minor enough, especially compared to the company's size, that it won't affect the stock price. Only something big -- like Merck (NYSE:MRK) pulling Vioxx from the market -- would seem worthy of halting trading.

So why was Pfizer halted? The company lost federal court decision in a lawsuit against generic-drug makers over its drug Celebrex, after claiming that its patent was invalid. While Celebrex is a major product for Pfizer, the news hardly moved the stock, attesting to the Big Pharma's large breadth. In the video below, Fool contributor Brian Orelli and health-care bureau chief Max Macaluso discuss the event and what they think of Pfizer in general.

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Brian OrelliMax Macaluso, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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