Where are the supreme prognosticators, the seers of the inevitable "truth"????
I said that this stock will not go over $60 this year and perhaps not next year either and some here were incensed at my audacity.
Well, I am proven right and the "experts" on this MB and the other MB inhabited by conservaCRAP GWB apologists are proven WRONG!
If you think we're so far beneath you, why don't you stop posting messages for us. Apparently we anger you very much. You should leave us, for your own good. Also, our reading your angry postings is not good for us.
Please don't confuse me with any of your other nemeses on this board.
So, is this yet another prediction? I like this one, but you know if it goes that high, it will split.
"One thing is for ABT to go over $69 for a moment, another is to stay there and go to $67 EOY like your moronic bud Pluto-the-Crap prognosticated."
Either that, or you really ARE a lonely AND frustrated old coot.
Perfectly put, mrv.
For months and months the notorious clowns on this and other MBs were prognosticating $65 and eve $70 by the end of the year.
One notorious clown, Pluto-the-Crap who posts on IV was characteristically anticipating $65 by October 2008.
I said $53 EOY and $53 EOY it will be.
That did not win me any friends here but then again, I never had much desire to make friends with idiots.
"Considering how well ABT stock's price has held up in this market I think $60 a share is a realistic goal within a couple of years.
-- Mark --"
Hi Mark, the price now is $55 and you are willing to wait 2 years for a 9% appreciation to $60? Considering the roller coaster risk of a pharmaceutical stock that you are willing to take for a 4.45% compounded per year, I would much rather make 3% per year with some boring bonds.
I think this stock will test your nerves in the upcoming days, because it sure looks to me that it will go to $50 before it decides to turn around and go to $60 (if it ever does).
Calling me "idiot" does NOT address the question at hand.
Your lack of discernment and total inability to understand written English are perplexing but not surprising. The question at hand is NOT whether ABT held relatively well its value in this RepubliCRAP/ConservaCRAP-precipitated melt-down; rather, it is whether or not ABT is over $60 as some IDIOTS like yourself and others widely prognosticated for months and months.
I stated that such an outcome is highly improbable.
After all, English is your first and most probably the only tongue (afetr all, Americans are notoriusly ignorant of other cultures and traditions, including their inability to learna foreign language), but for me it is one of many languages I mastered. Apparently my mastery of it is far superior to yours.
Now, GFY and get lost.
The market as a whole has taken a beating during the last few weeks. ABT has held strong in comparison to other stocks in general and has shown particular strength in the Pharma sector. I wouldn't be dismissing ABT pps >$60 by EOY just yet.
You could have gone short the cure for cancer and won the last couple months, so don't be too upset if folks are too impressed.