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JB
Jason Bellier
@neostonks · Jul 20

Drugmaker Pfizer $PFEits North Carolina plant, one of the largest sterile injectable manufacturing facilities in the world, suffered severe damage from a tornado... Hopefully this will only be a short-term problem, as this plant produces nearly 30% of the company's sterile injectables.

The stock hasn't reacted to the news yet, so we don't have a chance to buy.

BC
Bill Combs @billcombs Jul 24

Interesting I didn't even know about that. I have been looking at this company and plan to buy its stock next week.

JB
Jason Bellier @neostonks Jul 20

Minor update: About 50,000 drugs were destroyed there + a look at the current state of the factory👇

https://twitter.com/WallStreetSilv/status/1681786177844543497?s=20

BC
Bill Combs @billcombs Jul 24

The condition of the factory is really terrible.

Thanks for the update.

BG
Barrett Gardener @justbarrett Jul 20

It's not going to be a major restriction, they're just pieces of sheet metal, it'll get fixed ;)

JB
Jason Bellier @neostonks Jul 20

Well sure, but it's more about limiting the work in those pieces of metal = lower production.

DM
Darius Moore @dariusmoore Jul 20

$PFE can definitely be bought at current prices. 😊😊

JB
Jason Bellier @neostonks Jul 20

I have nothing against the current price either, I keep them myself 🤝

MP
Mart Poom @martpoom Jul 20

I don't think that would be restrictive for a company that big.

JB
Jason Bellier @neostonks Jul 20

Probably not, more likely if it went on some sort of shutdown it would affect performance in the short term. The affected complex is quite large and the production from there is quite substantial.

NG
Nikolas Gabriels @nikgab Jul 20

I've seen pictures from there, about a quarter of the building or the complex was damaged. That shouldn't shut down or jeopardize operations.

JB
Jason Bellier @neostonks Jul 20

Yeah, I've seen them too. I hope it's not too bad.