On a day like today, when even a lousy PFE and BMY are substatially up, ABT is flat and will end yet another day in the red.
i said it before: ABT is waste of time and money.
ABT "popped higher by an astonishing 6%!!!!
Oh my, what a stratospheric sascent!
Moreover "it carries lots of risks."
Hmmmm, one of those risk factors will certainly derail this POS of a stock again.
Just wait and see!
I too have had ABT shares for over 25 years. One of the things that I started doing as of a few years ago has been selling covered call options. I don't sell many, but I wait until ABT reaches an interim high and then sell that strike price, a few months out. The options usually expire, and I end up keeping the entire premium. Sometimes, I am able to buy back my options at a much lower price close to expiration. And a couple of times, when I did get exercised, I waited and was able to buy back my shares again below the strike price! This strategy will never be like share prices doubling every 3 years, but I am making extra income and it keeps me involved and intrigued.