<<ABTX management cannot righteously complain about rumors and lies from shorts unless the company vigorously and immediately responds to such attacks.>>
I don't hear them complaining, righteously or otherwise.
I wholeheartedly disagree with your opinion on what ABT "should do." What makes you think that what they're now doing isn't precisely what they've chosen to do as part of an overall strategy? One that works just fine for me, btw.
Even if the deal were in fact a dead one (and I've yet to see anything resembling conclusive evidence that it is), it's minor compared to what they've accomplished ahead of their own schedule. I'd say their strategy has worked just fine for them too. And I think ML and DB would agree with me, just to name two other institutions more noteworthy and reliable than Bloomberg.
Besides, if the silence is making you feel crazy, just think how the shorts must feel? Better yet, read their posts. They seem to be the only ones left who don't know that what they write comes off as a juvenile effort to scare people away.
Nobody spends so much time and energy, nor do they play so fast and loose with the facts (not to mention with their own reputations), attacking something so fiercely unless they feel threatened by it. You know it. I know it. Everyone knows it.
ABT's ability and, presumably, their choice to remain impassive in the face of disingenuous and cowardly attacks represents, to me, a very valuable asset and is a measure of their strength and resolve. Probably the same strength and resolve that's put them where they are. I prefer to trust their instincts.
Another thing we all know -- somehow, some way -- that, in many cases, to respond to bullshit is often the best way to grant it the appearance of credibility. And one of the best ways to lose credibility is to do the same.
Like they say in movie theaters: Sit back. Relax. And enjoy the show. |
