Short term itis. Charlie Munger said it well when he said one of the characteristics of great investors is to be good at delaying gratification. Today's generation is made up of Instant Gratification addicts. If something isn't working they move on. They believe they can always be in the right place at the right time and own only things that make money. Real investors understand that price and value are two different things. So often price disconnects from value and a stock is either overvalued or undervalued. True long term investors who can delay gratification have an advantage when everyone is so short term oriented and they run away causing a disconnect in price and value so that the price is way under the true long term value. Good luck. ItsNotAllBad.
If they could get out of the Alere acquisition, the stock would recover. It's a bad deal now and I believe there is fear over getting stuck with it.
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Abbott's existing business have organic growth, acquisition of St Jude offers cost savings and expanded sales, expanded sales because of broader product platform will open up new accounts and help compete with Medtronic also because of St Jude's pipeline. Very good story and compelling value since stock is off 14% from when the acquisition was announced. The acquisition is accretive. This appears to have much less risk than many stocks trading at much higher valuations in my opinion. Blocking and Tackling and Keeping it Simple, 3 yards and a cloud of dust, winning with small ball, hitting singles instead of swinging for the fences. All these apply. ItsNotAllBad
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I heard that as well, Looks like with the large volume this may well be done. With todays financials and many more revenues on the way. Do you have a price target post buyout? Sure looks like a buy and put it in the trunk stock to me.
Sentiment: Strong Buy
This is ABT style. It goes down several days in a row and then it reverse itself and go up several days in a row.
Probably, tomorrow's CC will push it up.
More than a bus going up and down a hill this stock reminds me of a beached whale unable to go back into the water ---- 8 in a row and I wouldn't be the least surprised if it 'll make it to 10 or 11 reds in a row before a 10c bounce
The bus went down the hill and it will stop eventually, may be as today. Then it will go in a heavy gear to go up the hill. it is better to ride it up.
It might be a great company but it is an awful POS of a stock ---- bought it at 40 and hating every minute of it ---
I'm seriously entertaining the idea of swapping out of this into something like VRX which on the contrary might be an awful company buy a great stock...
This will be a 80 Billion dollar market cap post merger. Revenues will be large and cost reduction easy. Best to be on the band wagon , before it takes off. The sheeple will come soon enough. I will be averaging down as long as it is sub $39 ..(weekly)
Sentiment: Strong Buy