Pfizer Stock: Largest Big Pharma Insider Buy Since 2003

This year, shares of big pharma giant Pfizer (NYSE: PFE) are down 3%.

So far, they’ve been a big-time underperformer.

And that’s exactly why I found it very interesting that Pfizer Director Ronald Blaylock just made one of the biggest insider buys on Pfizer in years.

Earlier this month, on August 6, he paid more than $500,000 for 13,000 shares – at an average price of $38.55.

Barron’s says, “This makes it the largest open-market purchase in volume and size by any Pfizer executive or director since at least 2003.”

When you see things like this, you have to start asking some questions…

Does Blaylock know something we don’t?

Does Blaylock know about a coming major news announcement from Pfizer?

I have no idea, but honestly, knowing these answers isn’t all that critical.

After all, when it comes to Wall Street, sometimes all that’s important is knowing how to follow the proper breadcrumbs.

And right now, I’m here to tell you that someone on the inside certainly likes shares of Pfizer at current levels.

Now, if you recall, Pfizer is among a number of companies that are helping Gilead Sciences make remdesivir, an experimental antiviral that got emergency approval back in May as a COVID-19 treatment.

Is something big coming in the future?

According to this new purchase, I’m inclined to say yes.

Action Plan: Oftentimes here in Trade of the Day, I tell you to buy a stock. But in this case, I believe the better play is a longer-term call option. Why? Because why allocate thousands of dollars in a stock that’s been relatively flat this year when you can control the same number of shares for a fraction of the price?

Situations like this are perfect for a longer-term call option, which is what we’ve been exploring in The War Room today. Ready to join me? Then you’re invited to enter the room today! Why should you join? Well, just look at the gains members made this morning on the Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT).

Huge Gold Winner: The moment the market opened, we got more than 200 member testimonials about our gold trade – and I’d estimate that over 85% of them reported doubling their money since Friday. Here are a few of the notes – see for yourself!

“5 contracts NUGT in 8-14-20 @ $2.79, out 8-15-20 @ $7.23 = +$2,220 Thanks BB! Best trade yet and SO FAST!” – SAINT 8/17/2020 at 10:09 a.m.

“In @2.94 Out @7.16, $2107 profit. NICE!” – Ryan A. 8/17/2020 at 10:40 a.m.

“Entered NUGT @2.46, sold @7.40! 202%..not bad for first 5 minutes… thank you Brian and Karim!” – Raymond G. 8/17/2020 at 9:38 a.m.

“Can’t say how exciting that was! A $4,000 win for me!! Thanks BB!! In @ 2.94, sold at 8. Shaking a little bit right now! Lol.” – James C. 8/17/2020 at 9:46 a.m.

“4 contracts filled @ 7.05 , 3 filled @ 6.55 for 132% profit / $2,723 overnight. Thanks a million Bryan!” – Paula T. 8/17/2020 at 9:37 a.m.

Are you ready to start making these gains alongside us in The War Room? Then what are you waiting for – join me now!

P.S. Take Profits Alert! Back on June 23, we entered Tortoise Acquisition Corp. (NYSE: SHLL) here in Trade of the Day for $19.44. At midday today, shares were up 10% to $27, good for a 42% gain. If you’re holding, go ahead and sell HALF of your position now and then hold the remainder. And if you liked this gain, then get ready because our new Trade of the Day Plus service will soon be coming with weekly trades just like this. Stay tuned!