Was beginning to wonder if the $1-$3 loss for several days in a row would end but it is beginning to look like it's about that time for ABT to rebound to 50, as I suggested in my other posts. ABT has been holding for the past couple of days and if acts as it has in the past, we are heading for a huge upturn again.
Remember a few years back ABT went under $20 and the market was no where near as bad as it is today.I think it will be a long time before this goes up again.
,just an opinion.Good luck if you stay in .
ABT is my favorite stock. I also have JNJ and ABT has impressed me much more than it. I have a feeling we will see 50+ soon. We might go a bit lower from here but as usual, I think ABT will rebound very quickly. It will be interesting. If the health care reform issue is raised again and again, I would say that ABT doesn't have a chance, as with all of the drug stocks, because people are selling on fear and bad news, rather than the fundamentals.
If only the topic of health care reform could be left alone for atleast one week, we could easily see a big bounce. Just an opinion but I am keeping my fingers crossed.
<<ABT has been holding for the past couple of days and if acts as it has in the past, we are heading for a huge upturn again.>>
One of the MAIN reasons why we have such horrendous problems in this country is because idiots like this are allowed to vote...
homosapian with your superior intellect and command of the English language should know that proper way to frase the statement above is: "Problem for all of you"
You are illiterate. You cannot put together a single declarative sentence in your own Mother tongue.
In fact, you epitomize the reasons for the fall of this once great Nation.
I still think ABT will rebound to 50. I fully expect other posters to disagree, based upon other statements here, but I added to my ABT today and think it will be a nice reward soon. If it goes to 40, so be it. I will just sit and wait for it to rebound, as I know it will do.
I cheched before sending out my original note. If you go to historical prices you will see the price was at 40 a share through October 1995. By looking at just the chart it is not easy to see that thre was a stock split.