Pfallergan

On monday, Pfizer announced that it would buy Allergan. Some funny guy on seeking alpha named the new company "Pfallergan". I like it.

I like it much more than that fucking transaction in which an average 200 billion dollars company will buy a great 120 billion dollars company.

Pfizer is one of the first companies I've took a look at when I started investing, 7 years ago. Even if I analyzed companies like a fucking ape at the time (mainly by taking a look at a chart), I wasn't impressed by Pfizer.

Today, I still can't see what could be great with this company. Their earnings per share have increased by 3% on an annual basis over the last 5 years. That's mediocre. Who the fuck is looking to buy a company that grows so slowly? I can't think of anybody intelligent. Maybe it's the case for those fuckers who run a mutual fund and want to impress their stupid clients by showing them universal known names such as Pfizer.

And the average ROE of Pfizer has been about 11 for the last 5 years. For the recent years in which I've been a bit more clever, I've never invested in such a low ROE business combined with such low EPS growth.

Do I really have to take these 11.3 shares of Pfizer for each of my Allergan shares? I don't want to be part of the Pfizer community and I think my shares deserve a better price and a better acquirer. Fuck, I'm so upset. Couldn't Pfizer just give me 400$ for each of my shares and do the fuck they want with Allergan?

I agree with the US government. This transaction is deeply immoral. A lot of money will vanish from the USA and go to Ireland. That money could have been pretty useful in the US like by putting more money on NSA's surveillance programs, hire more snipers to track and kill Edward Snowden or upgrade Guantanamo to help people there to drown more prisoners.