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Abbott Laboratories Message Board

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  • jak.stat jak.stat Mar 10, 2012 12:37 PM Flag

    Pending split-up

    Total nonsense. This laggard has been at 58 level fourteen times in the past 5 years. It will go down again. No amount of manipulation and hype can help it. As for P/E, last i checked it's almost 20, not 10. In the past 5 years I witnessed all sorts of wishful thinking being confused with reality. By repeating ad nauseam that this laggard is worth 70 or more does not make it so. Pure nonsense!

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    • Jak, no wonder you keep losing money on your investments. Since when do you look at ttm P/E versus what you expect is going to happen in the immediate future? If you want to look at ttm you need to be able to understand a financial statement to know what caused the nearly 20 P/E. Jak, you know better than to make such dumb statements. I am ashamed of you.

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