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traderpat9 (73.45)

abt, abbv, hsp

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March 02, 2013 – Comments (3)

greetings fellow fools-with abbott labs spinning off another part of there company i now own

1)abt

2)abbv

3)hsp

would you keep all 3.

would you sell 1 or more & put into 1

any other suggestions if you have more info on the reasoning behind the last abbott labs move by making a 3rd division.

i also own 27 other stocks & 10 mutual funds-if you are interested in what other stocks i own stock check out my caps & everyone that is check marked in green i own.

thanks & fool on forever. traderpat9

3 Comments – Post Your Own

#1) On March 03, 2013 at 8:38 PM, tomlongrpv (76.27) wrote:

I am thinking of dumping the ABBV I just got.  Overall Abbott Labs has been a poor growth performer for me but has paid a relatively good dividend.  But going forward I am concerned about ABBV's loss of patents coming up in 2016 and the difficulty it may have in replacing a single patent drug that is responsible for about half its revenue.  Overall this company has not been a good enough performer for me to feel it is worth taking that risk.  I am inclined to keep ABT but not sure of that either.  Assuming I do sell and taking into account cash on hand that I have I will have about $100,000 in my retirement portfolio to reinvest and will be looking for good purchases. 

 I admit I never really know when to sell and so I almost never do but ABBV is not looking good to me.  On the other hand what do I buy right now?

 

 

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#2) On March 04, 2013 at 3:45 PM, traderpat9 (73.45) wrote:

thank you for your input fellow Fool tomlongrpv. the info you provided is very helpful to me. i hope 2013 & beyond is very profitable for you. traderpat9 

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#3) On March 09, 2013 at 3:11 PM, tomlongrpv (76.27) wrote:

I just sold ABBV.  God help us all people are depending on my judgment!  DOOM AWAITS!

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