Replies to post #38685 on $heff's $tation of $tocks & $olid DD

[Gileon7]

ABT may have learned only now that the FDA label will render the product a commercial bust

Is this what you think? Because I never believe things like this just happen when you have huge companies involved. The layers within the company that must be passed in order to move forward with this type of thing are many. Too many people in too many departments have to sign off before this gets going. I have no doubt that this is a calculated financial move by Abbott and it has been in the works for some time. JMO

[$heff]

Dew...you don't know Abbott's reasoning for pulling out. They have not given a specific reason one. Until they do it continues to be speculation.


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Why do you assume that? ABT may have learned only now that the FDA label will render the product a commercial bust.
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[oldberkeley]

Why do you assume that? ABT may have learned only now that the FDA label will render the product a commercial bust.

I am assuming, but my "planned" is as relative as your "now"; huge supertankers like ABT don't turn on a dime.