"How cheap can this stuff get? "
You have to come to a MB to get that answer??
ABT can lots cheaper and stay cheap for as long as the market feels its value outstrips the demand for its stock PPS. If you are here for years and years to come, you could be rewarded. For for the short to medium time frame, this stock is gonna be under pressure.
A couple more $$, and ABT is at a precarious 52 week support level. If that breaks, the traders will really jump into action and ABT could break either way in a big way.
<<ABT has been at this price many times before, and it has ALWAYS bounced back. Oh, but this time it's gonna be differant? Why! Their still making money, they pay a 3.7% div. and they will raise that this year. I might be a turkey, but I'll be well fed. >>
YOU need to learn your own language.
Did one insider recently excercise his option at 45.45 per and sell those shares at $47.28 - $47.34 each? Perhaps insiders are true altruists and want struggling investors to have a chance to get rich.
My kid brother once said,"If you can make money, make it." They simply pulled the trigger. You can make 2 bucks from $48 to $50 just as easy as from $45 to $47. If it goes back to $45 I'll just buy more. When the DOW was at 6,500, ABT never dropped below the 40's.
ABT has been at this price many times before, and it has ALWAYS bounced back. Oh, but this time it's gonna be differant? Why! Their still making money, they pay a 3.7% div. and they will raise that this year. I might be a turkey, but I'll be well fed.
I am a bit surprised that this stock went down today, when nearly everything else went up.
I did purchase more ABT today, expecting it to go up in January.
Moneys Investor's Guide for 2011 arrived in the mail today.
ABT was selected as one of the top nine value stocks to purchase.
money was in growth last year ,i feel money coming out of bonds and gains from big movers will move into 5 star value dividend stocks this is one of them.the big money has been made now you have to be a stock picker.mo abt t mdt jnj pfe i can sleep at night with if things get bad and if every thing stays rosy they will give you fine return.to play high risk now stupid,that was the play last 2 years.