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Abbott Laboratories Message Board

chickenguy_nc 96 posts  |  Last Activity: Jun 28, 2015 9:07 AM Member since: Oct 5, 1999
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  • chickenguy_nc by chickenguy_nc Jun 28, 2015 9:07 AM Flag

    I have no idea what will happen after (not if, but after) Greece departs the EU. As we saw in the last global financial collapse, the tightness with which the world's financial carpet is woven means that there is really no place to hide. I don't think that the Greek default and departure has been priced into the markets. Guess we'll find out in coming weeks. Maybe I'll follow shaggy's model and just go to a faraway beach with no way to keep up with the news. Hang on and good luck.

  • Reply to

    split

    by habitsowner Jun 18, 2015 9:44 PM
    chickenguy_nc chickenguy_nc Jun 26, 2015 10:32 PM Flag

    " I've not yet held a decent company, and JNJ classifies as that, that hasn't gone right back up to the pre-split price" JNJ last split in 2001, at a presplit price of $100, and it took 13 YEARS for it to get back to that price. You seem to lack some experience in the area.

  • chickenguy_nc by chickenguy_nc Jun 23, 2015 3:35 PM Flag

    Based on price increase over recent days, there must be optimism on buyer's part about the upcoming earnings report. Anybody want to hazard a guess?

  • Reply to

    Withholding Tax

    by dick796 May 30, 2015 4:25 PM
    chickenguy_nc chickenguy_nc Jun 22, 2015 11:51 AM Flag

    Yes. I don't think it's a good choice for an IRA, for that reason. I don't think there's any way to recover that withholding.

  • Reply to

    Canadian Tax?

    by meyering Jun 12, 2015 9:58 PM
    chickenguy_nc chickenguy_nc Jun 22, 2015 8:11 AM Flag

    Yes, Canadian tax will be withheld from RY dividends. But it's a wash, because the withholding counts against your US taxes. You don't have to file a Canadian return. Are the "UK" stocks you own actually American Depositary Shares? I think that the UK does the same as Canada if you own UK shares directly.

  • Reply to

    Greece? Who knew?

    by chickenguy_nc Jun 15, 2015 12:02 PM
    chickenguy_nc chickenguy_nc Jun 18, 2015 4:25 PM Flag

    No problem, with so many typing on mini-keyboards with just their thumbs, typos have become the new normal. No, I've done a lot of freshwater fishing, no salt water. Grew up in WVA where salt water is in short supply. The failure of society to take advantage of boards like these to engage in civil discourse is a sorry commentary on human nature. Grump, grump.

  • chickenguy_nc by chickenguy_nc Jun 17, 2015 11:50 AM Flag

    You've increased the number of legitimate posters on this board by 25%. A free benefit of visiting this board is getting to play the thumbs-down, abuse, ignore game. It increases manual dexterity gives you the feeling that you're cleaning up a mess. Glad to see you.

  • Reply to

    Greece? Who knew?

    by chickenguy_nc Jun 15, 2015 12:02 PM
    chickenguy_nc chickenguy_nc Jun 16, 2015 5:34 PM Flag

    I may be losing my memory, but it seems like you used to post as grayfoxrunning, not roving. I didn't have transactions during that period, and in general I don't bother responding to class action requests. They seem to benefit only the lawyers.

  • chickenguy_nc by chickenguy_nc Jun 15, 2015 12:02 PM Flag

    When I began investing in the market, almost 50 years ago, Greece could have sunk into the Aegean Sea without moving the market up or down a single penny. Now, every new development regarding Greece's debt situation causes a huge swing. Maybe I'll just convert entirely to money in the mattress.

  • Reply to

    Spammers

    by ochsnerbier Jun 9, 2015 1:30 PM
    chickenguy_nc chickenguy_nc Jun 11, 2015 10:02 AM Flag

    I looked at the UltimateStockAlerts page out of curiosity and was greatly amused by this part of their Disclaimer statement: "UltimateStockAlerts has a no tolerance spam policy". Their paid spammers have just about destroyed the message boards. Their advertising plan is truly pathetic, and I hope they go broke.

  • Reply to

    for god's sake...

    by gollywogazoo Jun 6, 2015 11:06 PM
    chickenguy_nc chickenguy_nc Jun 7, 2015 10:52 PM Flag

    No, there's nobody at GSK who can control the short term stock price. That's not what company management is hired to do. But, if you think that IS what management does, did you post a message complimenting them on the outstanding job they did from December 2014 to mid-March, when the share price rose more than 18% in just three months? No? Why am I not surprised.

  • Reply to

    IMF

    by ochsnerbier Jun 4, 2015 10:52 AM
    chickenguy_nc chickenguy_nc Jun 5, 2015 7:42 PM Flag

    Looks like you have a troll stalker who puts a thumbs-down on your every post. I have one over on the GSK board, another on the PFE board. I find it sort of flattering that somebody cares so much.

  • Reply to

    IMF

    by ochsnerbier Jun 4, 2015 10:52 AM
    chickenguy_nc chickenguy_nc Jun 4, 2015 4:07 PM Flag

    I think the bond market has decided an increase in rates will occur sooner rather than later.

  • Reply to

    "It's quiet in here. Too quiet."

    by chickenguy_nc May 31, 2015 8:46 AM
    chickenguy_nc chickenguy_nc May 31, 2015 4:34 PM Flag

    What, warts is gone? I'll have to check through my pages of IGNORE posts. So, no, just a quote from "The Big Chill," when the guys to into the attic to try and kill a bat. And you're right, bank stocks are just going to wander range-bound until something pushes them out of their comfort zone.

  • chickenguy_nc by chickenguy_nc May 31, 2015 8:46 AM Flag

    Logging into this board is like going into an abandoned cabin in the woods. Just a few things lying around to show there were once inhabitants. Did I miss something? Did somebody die? Hello? Anybody here?

  • Reply to

    GSK shares outstanding

    by market_mister May 23, 2015 3:58 AM
    chickenguy_nc chickenguy_nc May 29, 2015 5:02 PM Flag

    The difference is a factor of 2X. Since each GSK American Depositary Receipt (ADR) (traded on the NYSE) represents 2 ordinary shares (traded on London exchange), perhaps your bank website is giving the information in ordinary shares.

  • Reply to

    high pe

    by elkinssm May 10, 2015 1:13 PM
    chickenguy_nc chickenguy_nc May 19, 2015 11:36 AM Flag

    I asked about this a while back, got hammered, but got good information. The current P/E reflects the $1.64B breakup fee paid to Shire. If you look at key statistics, you'll see that the forward P/E, which will not be affected by that fee, is only 13.6, very reasonable.

  • Reply to

    Getting Mugged Today

    by ochsnerbier May 15, 2015 3:45 PM
    chickenguy_nc chickenguy_nc May 18, 2015 10:27 PM Flag

    Do you guys still read his posts? Whatever he said, I think it was directed at my post, not Ochs. I have him on IGNORE and haven't read any of his posts for months. I can just barely see his name - all faded - with the note "Post hidden because you ignored this user" A truly fine feature of the board.

  • Reply to

    Getting Mugged Today

    by ochsnerbier May 15, 2015 3:45 PM
    chickenguy_nc chickenguy_nc May 18, 2015 3:48 PM Flag

    Almost back to Wed/Thurs highs. Glad to see it open up, suggests oversold yesterday. Maybe it will stabilize around this level.

  • Reply to

    Getting Mugged Today

    by ochsnerbier May 15, 2015 3:45 PM
    chickenguy_nc chickenguy_nc May 15, 2015 10:11 PM Flag

    I hold 4 bank stocks, RF, JPM and two big Canadian banks, and all were down today. RF was the most decidedly down, but all were moving that way. RF does seem to have a pretty firmly established trading range, and earnings and dividend increases are the only way out.

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