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Abbott Laboratories Message Board

recombinantman 15 posts  |  Last Activity: 9 hours ago Member since: Feb 1, 2011
  • Reply to

    Local 60 law suit to block inversion

    by cbtmst Sep 28, 2014 10:09 PM
    recombinantman recombinantman 9 hours ago Flag

    Right, it's a Abbvie/Abt pension, but it's still a pension from Abbvie. The best thing about Abbvie and Abt is the absence of a union. "Need a union to make him be honest" ....LOL. A crooked union to make him honest!!! LOL, LOL,LOL what a joke!! The Union pension fund won't be successfull in their lawsuit challenging the inversion. Number_16...I'll be selling covered call options at 62.50/65.00 hope you are ready to buy 'em; how many do you want???....opportunity to make more money!!

  • Reply to

    Local 60 law suit to block inversion

    by cbtmst Sep 28, 2014 10:09 PM
    recombinantman recombinantman 12 hours ago Flag

    What evidence do you have that he will "mess" with the pension plan??? I've talked to Abbvie employees and they are happy with the company. I receive a pension from Abbvie and know of nothing of any potential or real changes. I think you are just an unhappy Abbvie share holder....why don't you sell the stock and quit complaining?? I seriously doubt any Unions will be at Abbvie in the future. You have no crediability and just post to spread unfounded rumors.

  • Reply to

    Tax Inversion date?

    by szb_mrnn Sep 22, 2014 11:11 AM
    recombinantman recombinantman Sep 23, 2014 8:20 AM Flag

    I read that October 16th was the date for the inversion to occur....can't remember where I read it. Abbvie will need to confirm whether the inversion will still occur. Abbvie could take Shire over without an inversion. Glad I sold Abbvie calls....the price may bounce around quite a bit the next few days.

  • Reply to

    ********So typical*********

    by number_16 Sep 16, 2014 8:08 PM
    recombinantman recombinantman Sep 17, 2014 8:56 AM Flag

    I hate unions, but they do have a point in this case. The inversion will result in a significant tax to those holding a lot of Abbvie shares with a large capital gain. Don't think anything can be done to lessen the tax bite, but it does seem unfair to stick the shareholders with the tax while corporate officiers get grossed up to cover their taxes. The only way to justify it is to make the combined companies very profitable and have the stock price increase significantly, but that will take time. Could sell shares prior to or when the Hepatitis C treatment is approved, realize the profit, pay the taxes and hope for a pull back in the stock price to reenter; but that's chancy.

  • recombinantman by recombinantman Sep 9, 2014 8:31 PM Flag

    Abbvie had a nice move upward today. Anyone know why? I doubt that it's related to the FTC suing them and Teva. Could be that some good news will be presented tomorrow at the Morgan Stanley Conference...don't know, but Abbvie presents at 9:20. What ever the reason, nice move.

  • recombinantman recombinantman Sep 5, 2014 7:54 AM Flag

    Go to the share holders meeting and ask Gonzales what the Board really said.

  • Reply to

    Did Gonzo and the Board really say:

    by boited Sep 3, 2014 5:01 PM
    recombinantman recombinantman Sep 3, 2014 8:45 PM Flag

    Don't believe it......show the board the source.

  • recombinantman recombinantman Aug 27, 2014 6:22 PM Flag

    In many cases upper management gets "grossed up" to compensate for taxes resulting from perks or, in this case, stock gains realized by inversion. In other words, upper management will receive an amount equal to the taxes on their stock capital gains that results from the inversion. May seem ufair, but it is a common mechanism used in many corporations to help upper management deal with perk associated taxes.

  • Reply to

    hep c approval

    by abobbyg23 Aug 21, 2014 1:55 PM
    recombinantman recombinantman Aug 21, 2014 8:26 PM Flag

    Probably December

  • Reply to

    Earnings Response

    by recombinantman Jul 25, 2014 2:11 PM
    recombinantman recombinantman Jul 25, 2014 3:54 PM Flag

    See the post "Thank You Mr. Gonzales" on July 21st for a good explanation of the inversion taxable event. The post by zbuzz 1970 on that link gives a good explanation.

  • recombinantman by recombinantman Jul 25, 2014 2:11 PM Flag

    Good thing Abbvie significantly beat EPS and revenues.....stock is only down about 90 cents. Hate to see the results if earnings and revenues had been less. Perhaps the reaction is due to Obama and some Congress people bashing inversion. If Congress and the President would do their jobs and revise the tax code to be more business friendly.....wouldn't have inversions. Not sure what it takes to get this stock moving up....hopefully the Shire acquisition will help by providing product diversification and the new Hep C product will move the stock to 57.50 by January 1st. Not selling any November or January Calls on Abbvie, to much upside potential during that time period.

  • Reply to

    Yet another Gonzo tax increase

    by libbydibbydoodoo Jul 25, 2014 12:07 PM
    recombinantman recombinantman Jul 25, 2014 1:52 PM Flag

    Medicare premiums are based on your filing status, adjusted gross income + your tax exempt interest income. The sum of those two incomes are used to determine your modified adjusted income. The amount of your Modified Adjusted Income determines your Medicare premium. If you have a significant increased modified adjusted gross income due to the Abbvie inversion and consequental capital gains your annual premium coulc go up. The inversion may play a significant part in increasing your Medicare premium if the capital gains are significant. The Medicare premium has nothing to do with where you live. Read the Social Security Administration letter which defines how each year's premium is calculated; the informaiton is on page 2.

  • recombinantman by recombinantman Jul 12, 2014 2:50 PM Flag

    Mylan is reported to be interested in acquiring some of Abbott's established pharmaceutical products. Perhaps the stock will show a sharp increase Monday.....or has this possibility already been discounted. Stock move may not occur until a deal is done....regardless, it should be positive.

  • Reply to

    overpaying

    by vietnamvet5 Jul 8, 2014 2:57 PM
    recombinantman recombinantman Jul 12, 2014 2:43 PM Flag

    How do you know they are paying to much/? You don't know Shire's financials, pipeline, future income or the possible synergy with Abbvie. Your opinion is based on the market's initial reaction which is typical for an acquiring company.....the stock price declines. Hopefully Gonzales et al know what they are doing....the company and the stock price depends on their judgement. I'm thinking an announcement will be made before the market opens Monday. Don't know how the market will react, but a sharp drop will allow me to cover my call options and a sharp increase will allow me to sell more calls at a higher price.; ideally, for me, is that we will see a sharp decline and recovery.

  • Reply to

    where are all the....

    by kazmodan Jul 8, 2014 12:02 PM
    recombinantman recombinantman Jul 8, 2014 1:23 PM Flag

    You are correct.....In the past there were some good posts and some trash talk but the good posts have left and the spammers are ruining this and many other boards by promoting their junk stocks. It's too bad. Can we revive this board and talk Abbv? I think Abbvie MUST get Shire and will.

ABT
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