Today's quote from an idiot and the response.
From CNBC, Mad Money:
Jim: I started purchasing Pfizer [PFE 14.76 --- UNCH (0) ] early this year because of the acquisition of Wyeth [WYE 44.69 --- UNCH (0) ]. With the acquisition it was said that PFE would be able to see some great profits and returns from the deal. Now with health care and pharma being on Obama's hit list, how could this impact PFE's stock and will it? Thank you for your time and a great big Army Booyah! --Jerome
Cramer says: “Thank you for serving…Pfizer I just don’t think has anything going for it. I don’t think the merger’s going to matter. I think it’s a deadweight stock, and I don’t want you buying Pfizer.”