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Abbott Laboratories Message Board

chickenguy_nc 29 posts  |  Last Activity: Feb 12, 2016 7:22 PM Member since: Oct 5, 1999
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  • Reply to

    Almost 5 million dollar salary for our CEO

    by trippd31 Feb 11, 2016 4:23 AM
    chickenguy_nc chickenguy_nc Feb 12, 2016 7:22 PM Flag

    gillie, I knew that was what you were doing, just thought we could hammer home the message with the numbers. Don't think it will change any minds, because logic isn't driving the complaining.

  • Reply to

    Almost 5 million dollar salary for our CEO

    by trippd31 Feb 11, 2016 4:23 AM
    chickenguy_nc chickenguy_nc Feb 12, 2016 10:30 AM Flag

    Answer to gillie's question: $5,000,000 salary divided by 1,300,000,000 shares = $0.004 per share. So reducing Hall's salary to $0, and distributing the money to shareholders, would increase the dividend from $0.24 to $0.244. YAAAY.

  • Reply to

    Almost 5 million dollar salary for our CEO

    by trippd31 Feb 11, 2016 4:23 AM
    chickenguy_nc chickenguy_nc Feb 12, 2016 10:20 AM Flag

    One of the greatest problems in the market today is that too many CEOs and CFOs think that it's their job to manage the stock price. That's not the case. The job of the CEO and CFO is to manage the business in such a way that , long term, it will be sustainably profitable. To do that, they think and act strategically, not tactically. RF management has been doing exactly that for the past several years, and the business is much stronger as a result. The "stock performance" of RF is in large part due to macroeconomic trends and developments over which the CEO and CFO have NO CONTROL WHATSOEVER. Given the size of the company, the demands of the job, and the long term positive results produced, Hall's salary is not out of line with those of his peers. Nobody who is competent to do the job would take the job for less.

  • chickenguy_nc chickenguy_nc Feb 10, 2016 9:09 AM Flag

    That's great news, just wish "childern Autisum" was a medical condition. Maybe your post should have read "JNJ is growing, I LOVE my cannabis."

  • chickenguy_nc by chickenguy_nc Jan 12, 2016 2:18 PM Flag

    I've been looking for a way to generate short term capital losses, and this market performance makes it really simple. Just buy high in the morning and sell low in the afternoon. Pretty simple when you know what you're doing.

  • Reply to

    Holiday

    by fsbsgillie Dec 25, 2015 5:30 PM
    chickenguy_nc chickenguy_nc Dec 26, 2015 9:14 AM Flag

    Same to you gillie. That's a pretty short list you're sending out wishes to.

  • chickenguy_nc chickenguy_nc Dec 22, 2015 5:27 PM Flag

    Perhaps, as I did, beerbaba bought PFE sometime in late 2008, and over the last 7 years has seen a nice gain and collected a substantial dividend. I understand your perspective regarding share price performance, if you've held PFE for 15 or 20 years, but you did have opportunities along the way to get out at a small loss or small gain. I too consider PFE a safe stock in an income portfolio. And from my perspective, PFE has gone nowhere but up. So, go ahead, take your best shot. Lots of hilarious things you can do with "chickenguy."

  • Reply to

    Buy Low

    by chicagocoin Dec 14, 2015 2:47 PM
    chickenguy_nc chickenguy_nc Dec 15, 2015 9:30 AM Flag

    shaggy and fsbsgillie, let's remember there are many ways to make money in the market, and short term trading is one of them. And just because chicagocoin only tells us about his deals after the fact, never announcing a purchase when he makes it, and apparently NEVER taking a loss, that doesn't necessarily make him less than totally truthful. After all, he does have an algorithm, which apparently guarantees that he will, as he recommends, always buy low and sell high. So, let's just celebrate his amazing success and move on with our more mundane lives.

  • Reply to

    My algorithm rocks

    by chickenguy_nc Dec 10, 2015 1:36 PM
    chickenguy_nc chickenguy_nc Dec 11, 2015 3:27 PM Flag

    Yes, sorry for the typo, should have been lots of 100,000. Glad I can count on sharp-eyed posters to keep the board accurate. Other than that, it's all totally accurate. You can trust me, because I have an algorithm.

  • Reply to

    My algorithm rocks

    by chickenguy_nc Dec 10, 2015 1:36 PM
    chickenguy_nc chickenguy_nc Dec 10, 2015 2:23 PM Flag

    Oh, yeah, and I forgot to mention that I retired when I was 17, and I only date supermodels and Russian tennis players. The girls really go for rich old dudes.

  • chickenguy_nc by chickenguy_nc Dec 10, 2015 1:36 PM Flag

    Can't believe how easy it is to make a killing in this market. Here's what I've done for the past five days, trading always in lots of 10,000 shares. Less than that is just for sissies. On Monday, bought at the open at $9.93, sold at $10.28, profit $35K. Tuesday, in at $9.99, out at close at $10.26, profit $27K. Tuesday, looked like a downer, so shorted at $9.92, out at $9.61, profit $31K. Wednesday really fun, began with short at $9.64, closed that at $9.35, profit of $30K, not satisfied so went long at $9.35 and sold at $9.46 for another 10K profit. Today, in at $9.42, out at $9.69, profit of $27K, quit early to go play golf. I usually shoot in the high 60s. Total five-day profit of $160,000. That's a little bit on the low side of my average, so I'm going to tune up my algorithm. GLTA.

  • Reply to

    Taxes

    by walladean65 Nov 30, 2015 3:51 PM
    chickenguy_nc chickenguy_nc Dec 3, 2015 7:20 PM Flag

    I know that possibility was floated some time ago, but none of the recent articles that I've read suggest that it will go that way. Every article states that AGN shareholders are to receive a premium, while PFE shareholders will not. AGN will split 11.3-to-1 just prior to the closure, and will thus receive 11.3 shares of PFE plc for each share currently held. PFE shareholders will receive 1 share of PGE plc for each share currently held. And every article states some version of: "Pfizer’s US stockholders will recognize a taxable gain, but not a loss, for US federal income tax purposes. The transaction is expected to be tax-free for US federal income tax purposes to Allergan shareholders."

  • Reply to

    Taxes-Ireland vs U. S.

    by longpickuptruck Nov 30, 2015 5:32 PM
    chickenguy_nc chickenguy_nc Dec 1, 2015 11:01 AM Flag

    Sorry for typo, should have said " future withdrawals are tax FREE."

  • Reply to

    Taxes-Ireland vs U. S.

    by longpickuptruck Nov 30, 2015 5:32 PM
    chickenguy_nc chickenguy_nc Dec 1, 2015 10:37 AM Flag

    Same thing as far as the capital gains tax being discussed. A Roth IRA is an IRA where you pay taxes on money going into your account and then all future withdrawals are tax fee. If you have either a traditional IRA or a Roth IRA, and you don't fully understand how they work relative to taxes, you should get professional advice and not rely on a message board.

  • Reply to

    Taxes

    by walladean65 Nov 30, 2015 3:51 PM
    chickenguy_nc chickenguy_nc Dec 1, 2015 9:52 AM Flag

    Yes, unless held in a tax-deferred account such as an IRA, PFE shareholders will pay capital gains taxes. Whether it's a big bill or not depends on individual cost basis. The IRS sees the transaction as PFE share-holders selling their PFE shares and being paid with PFE llc shares. The capital gain will be the difference in PFE share price on the day of conversion versus cost basis.

  • Reply to

    Taxes-Ireland vs U. S.

    by longpickuptruck Nov 30, 2015 5:32 PM
    chickenguy_nc chickenguy_nc Dec 1, 2015 9:42 AM Flag

    "Illogical that stock holders will owe a big tax bill." Sorry, but logic has nothing to do with the taxes owed after this type of merger. Unless your PFE stock is in a tax-deferred account such as an IRA, you will owe capital gains tax based on your PFE cost basis and the value of your PFE stock on the day the company converts from PFE to PFE llc.

  • chickenguy_nc chickenguy_nc Nov 30, 2015 11:25 AM Flag

    And yet, we click and read, click and read. Wonder what that says about us?

  • Reply to

    Yahoo.....

    by recombinantman Nov 20, 2015 11:06 AM
    chickenguy_nc chickenguy_nc Nov 30, 2015 11:14 AM Flag

    I've never been able to get directly into the ABBV message board, but I can get there from the ABT board. Just put ABBV into the "Get Message Board for" box at the top of this page. Not really worth the trouble, but if you want to go there, that will work.

  • chickenguy_nc chickenguy_nc Nov 30, 2015 9:27 AM Flag

    I guess we'll just have to agree to disagree on this point. But I certainly appreciate your in-depth analysis. So many posts are lacking in thoughtful, data-based analysis.

  • chickenguy_nc chickenguy_nc Nov 30, 2015 9:24 AM Flag

    "Albeit" is a seldom used word, nice to see a post that is both accurate from an investment standpoint and well written. And, I agree with your assessment.

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