Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Finally...Pharma!
Old 04-13-2007, 07:41 PM   #1
Full time employment: Posting here.
 
Join Date: Apr 2006
Posts: 944
Finally...Pharma!

Pharma stocks are finally popping! I have been pushing money into several co. that I thought had solid management and pipeline for over 15 years. Biggest holdings are Merck (most bought after Viox), Schering, Wyeth and Pfizer. I am seriously considering "culling" some of the gains next week. They are reporting performance next week...and it is looking good. I am considering pulling out 25 - 35% of total holdings and placing into global balenced funds to become more diversified. These holdings represent approx. 16% of my stock portfolio....and growing(over 3%..today). I have been biting my nails concerning these stocks w/ all the recalls/litigation/generics/pipeline possibility vs. deadends. But, I see them being successful in the future w/ potential slumps, thus my leaving the majority invested.

I have been waiting till they started popping......of course my concern is to not pull gains to early during a sector surge...but then again....not be greedy and hold to long. In this environment, pharma stocks are always one reaction/symptom/recall away from a freefall. But then again this sector is for the most part "underpriced".
There will be little tax hit as most are held tax sheltered
I love having this group to bounce off!

What are your thoughs? Hold em or semi fold em?
Thanks in advance.
__________________

__________________
Freed at 49. You only live once - live it
Donzo is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Finally...Pharma!
Old 04-13-2007, 08:52 PM   #2
Thinks s/he gets paid by the post
 
Join Date: Feb 2006
Posts: 1,183
Re: Finally...Pharma!

My though is the Boomers are gonna pop a lotta pills. I need to get into a sector MF for Pharma and Healthcare and ride it for the next 10 or 20 years!
__________________

__________________
crazy connie is offline   Reply With Quote
Re: Finally...Pharma!
Old 04-13-2007, 08:57 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: Finally...Pharma!

I have lost a lot more money taking profits too early than by hanging onto something that went down and stayed down. If the underlying business has improved enough that the stocks are still cheap even after the run-up, then I would probably hold. But come up with a target price at which you would start letting some go. When it gets there, look at the underlying business again, but unless things have dramatically improved, take some money off the table.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: Finally...Pharma!
Old 04-13-2007, 10:33 PM   #4
Full time employment: Posting here.
 
Join Date: Jun 2006
Posts: 718
Re: Finally...Pharma!

Do it before the cpi comes out tues
__________________
Mwsinron is offline   Reply With Quote
Re: Finally...Pharma!
Old 04-14-2007, 01:06 AM   #5
Thinks s/he gets paid by the post
SteveR's Avatar
 
Join Date: Jul 2005
Posts: 2,803
Re: Finally...Pharma!

Pharma is up but keep in mind Mega-Pharma (Pfizer etc.) will be losing some major branded drugs over the next few years as the patents expire and the Generics take them over. Also, most pharma companies are now sourcing raw materials and even some finished products from China and India. Costs are a major problem with US and EU manufacturing so many companies are headed to the Far East for high tech. and cheap labor. Follow the money.
__________________
Work? I don't have time to work....I'm retired.
SteveR is offline   Reply With Quote
Re: Finally...Pharma!
Old 04-14-2007, 10:59 AM   #6
Thinks s/he gets paid by the post
 
Join Date: Nov 2005
Posts: 2,119
Re: Finally...Pharma!

Quote:
Originally Posted by crazy connie
My though is the Boomers are gonna pop a lotta pills. I need to get into a sector MF for Pharma and Healthcare and ride it for the next 10 or 20 years!
That is what is troubling!! Exercise eat right enjoy life retire early. WHO NEEDS EFIN PILLS!!!
__________________
newguy88 is offline   Reply With Quote
Re: Finally...Pharma!
Old 04-14-2007, 01:18 PM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,036
Re: Finally...Pharma!

Vanguard health care has averaged 19% since 1984.Why would you ever sell
__________________
Moemg is offline   Reply With Quote
Re: Finally...Pharma!
Old 04-15-2007, 04:53 PM   #8
Full time employment: Posting here.
 
Join Date: Apr 2006
Posts: 944
Re: Finally...Pharma!

Thanks for the feedback!
I have been doing some more research and thinkin'. I have decided to stay fully invested in these companies for now as I feel....pretty good concerning their performance vs the general market at least through 07.

Now...if I see a dip in the market while this sector is up I may reconsider....holy cr*p -I got the hormones!
__________________

__________________
Freed at 49. You only live once - live it
Donzo is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Finally bought a car Sheryl Other topics 16 04-03-2007 10:17 AM
Costco finally cries Uncle! wabmester FIRE and Money 35 03-01-2007 08:06 PM
Finally Free Retire Soon Life after FIRE 47 08-27-2006 11:03 AM
Finally on the road MJ Other topics 11 08-19-2006 08:55 PM
Finally, finally out of lurkerdom.... panhead Hi, I am... 1 06-26-2002 11:18 AM

 

 
All times are GMT -6. The time now is 02:37 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.