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Abbott Laboratories Message Board

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  • nakita_cruise_chef nakita_cruise_chef Dec 22, 2010 7:25 PM Flag

    Is it $68 yet??

    what you are getting for less than 48 bucks a share is a dairy farm that is going to produce milk to feed your hungry family for years to come.

    If you are looking for a fast buck go buy a mortgage reit, then sit by your computer screen watching the share price with your finger on the sell button.

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    • Question: Bought ABT on 8/18/08 at $59.13 on a DRIP,kept holding the stock,collected $3.64 in dividends and reivested them in more ABT. Also had to pay taxes on these dividends. Today ABT closed at $47.84.Now here's the question, am I making any money ?? You can go back further in time,say to 5/16/07 and you'll find the same money making plan working. Investors that have bought and held,don't appear to have done so good. the truth is they have done poorly. Now please inform me as to what is going to reverse this long time trend.

 
ABT
45.64+1.66(+3.77%)Aug 27 4:00 PMEDT