Hi FC, it was merely my observation that a very senior Biotech analyst at Citi has taken a strategic role at Pfizer in May. The subsequent buying spree of 7 million shares by Citicorp in June may or may not be connected to his appointment.
But it wouldn't surprise if there is some kind of connection. Pfizer and Citi have a long standing close business relationship. It may be an advantage to Pfizer to have a friendly financial partner seeking to obtain an influential position in potential takeover target.
High level business machinations can be a mystery to most. I'm just speculating on possible scenarios. Watch this space is my opinion. If the strong buying continues then I think something is brewing.
Hi FC, it was merely my observation that a very senior Biotech...
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17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $85.12M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $141.2K | 801.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 537419 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 140000 | 3 |
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