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Abbott Laboratories Message Board

  • tonasket75 tonasket75 Feb 24, 2012 12:42 AM Flag

    jak the basher...patience

    you have posted on this board many times, bashing ABT...this stock has and never will knock your socks off...but like I said couple years ago...the products it produces , I use every day at work..since your last bash least one I read...I have slowly added to my position, meanwhile pocketing the over 3% dividend. I'll take my over 20% return (for my patience) and the dividend...and always keep a stop in protect my profits just in case still long and still adding to my position. You were wrong several years ago, and you are wrong now. This company , like say JNJ doesnt move much on a given day BECAUSE they have so many products ...that is a buffer to down side...I am looking for slow movers , best in breed as Crammer would say...and the dividend is nice as well. You have been wrong all along..for YEARS...for the patient on dips...of companies like this...and keep stops in place...the "worst" scenario now is if it hits my stop, is I make 15% and all long term captial gains...If you all are looking for fast movers, look elsewhere, this is the kind of stock for core holding...stable business...3+ % dividend.
    Good luck all

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