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Abbott Laboratories Message Board

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  • leonmccottry leonmccottry Oct 18, 2012 8:55 PM Flag

    abt cutting 550 jobs....is it good for america???

    Ludicrous. Many have been waiting for a pullback into the mid-60. Everyone knows that Abbott is still on track for the spin-off and they have some home run medicines in the pipeline. I can't think of a better time to go all in on a long. At this price, I think it's a Strong Buy.

    Sentiment: Strong Buy

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    • what are these home run medicines? how big is HCV market when everyone is in it? why would they want a near-cure for any disease??????.......gotta keep 'em hooked on the maintenance drugs; that's where the money is. not too proud to say that I bet that Abt would dazzle (massage) the earnings and I got screwed. Time to re-think going long (for the short time).

      Sentiment: Sell

    • Upgraded today. ABT definitely on sale yesterday. I had been looking for this opportunity and added to my position. Kudos to anyone able to get in below 65 dollars...IMO you'll be very happy moving forward.

      Sentiment: Hold

 
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