The master spinner, Miles White is ruining this company.
I wonder how long it will take for the BOD to kick that scoundrel out.
He is doing to the company what he did to ADD: reducing it to a shell of what it used to be.
A true, absolute disgrace....
JNJ, the company with notorious FDA and manufacturing problems was down today 2.68% and in rebounded in after hours trading.
This POS ABT was down again 3.05% and DOWN again in after hours.
It is a POS of a stock and I have been telling you this for more than 3 years.
I would not buy it ever.
Student, you are one of the few wise voices here, but that is not a surprise to me. I always respected your views and it goes 10 years back to the good old days.
Most others here know nothing.
jak. it pains me that abt has fallen into the situation before you today. I have many friends working there and spent 17 years working for abt but I cannot deny the facts. abt is a shell of what is once was and I don't see when a turn-around might come. If the stock gets down to the mid 30's, I might buy some as a trading vehicle but I long ago divested any serious commitment to the stock--serious for me at least.
I believe that many of the people on this board are looking at the "good old days". For their sake, I hope they are right but I remain cautious.
Good luck to all.
Gee, gcsm04 began to post again, 11 years after his previous post ... http://search.messages.yahoo.com/search?.mbintl=finance&q=gcsm04&action=Search&r=Huiz75WdCYfD_KCA2Dc-&within=author&within=tm
Where were you when Wall Street got bailed out -- first by Jr Bush and then by Obama -- with >1 trillion of taxpayers' money??
Who runs the stock market?? Wall Street or Obama?