When you hear such news, what’s the first thought that comes to your mind? I always think or pharmaceuticals as big scammers… personal opinion. One of the reason being advertisment. Yes, advertisment!
I have traveled all over the world and one of the things to notice is marketing and advertisement. It’s a nice thing to see, you will find different flavor of marketing all over. It shows what people are inclined to buying in each country and area.
American TV advertising will show a lot of pharmaceuticals products. It’s funny, because I have never seen so many anti depressant being sold any where…So many medicines.
However, the first thing that came to mind when I heard about Pfizer was stocks. Did you know the CEO sold about 60% of Pfizer stocks when the news came out. After, listening to this, will you buy or sell the stocks?
Pharmaceuticals stocks are very volatile. So I am not too fond of Pharmaceutical stocks.
Anyways, have a nice day!!
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