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Abbott Laboratories Message Board

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  • fifty_euros fifty_euros Jan 26, 2011 10:07 AM Flag

    ABT Entry point

    Frankly, considering the fact that ABT's guidance on the low end is a bit n=more bearish than "Street" consensus, the stock is holding up remarkably well. This could be one of those extraordinary instances where the stock is simply washed out.

    ABT has always, and will always, trade in a reliable price wave: buy in the mid/high 40s...sell in the low 50s. Once the dividend is declared in mid-February, I suspect the stock will begin to rise on the bullish news, as post-declaration, ABT will likely be yielding 4% ( assuming a flat share price until said declaration date ).

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38.10-0.45(-1.17%)May 4 4:03 PMEDT