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Abbott Laboratories Message Board

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  • michettiranch michettiranch Dec 22, 2010 7:58 PM Flag

    Is it $68 yet??

    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.

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ABT
38.57+1.01(+2.69%)Jun 29 4:02 PMEDT