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.
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.
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).