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DewDiligence

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DewDiligence

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Re: DewDiligence post# 100560

Wednesday, 08/04/2010 5:04:42 PM

Wednesday, August 04, 2010 5:04:42 PM

Post# of 257257
Reuters speculates that PFE’s unusual price action yesterday was caused by a dividend capture play via the options market:

http://www.reuters.com/article/idCNN0422163720100804

As previously noted, PFE all but guaranteed yesterday that the dividend will be raised at the December BoD meeting.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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