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Abbott Laboratories Message Board

  • jak.stat jak.stat Nov 19, 2010 10:11 AM Flag

    Is it $70 yet???

    The magicians, prognosticators, WS shills and other such riff raff were predicting split by in 2008...

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    • Jak, we've discussed this situation before, over the years: ABT is a very reliable trading vehicle, within certain price bands. Personally having been in ABT for trades in late '07 and early '09, when ABT ticked down to the low-mid forties, and then selling at any level above 50...the same trading parameters could be setting up now -- but 47-chnage is still too high to pick off for a trade.

      ABT will never be a long-term hold. It is a piece of paper, to be traded.

 
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