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re: the "correction" seems to have begun.....how low do we go? prediction thread

Posted on 6/7/13 at 11:47 am to
Posted by acgeaux129
We are BR
Member since Sep 2007
15011 posts
Posted on 6/7/13 at 11:47 am to
You liquidate all your holdings to buy up Altria yet? I'll even let you cheat a little... you don't have to sell your stake in your convenience store business. You wanted to put your money where your mouth is... it's time to put up or shut up...MAN up...
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 6/7/13 at 11:49 am to
What are you talking about I have tons of altria from almost 20 years ago, I get plenty on my drip, just saying all my new money is going to phillip morris which is altria in every country but the united states. I don't get your point? I said multiple times both will do well, but I feel international is where the growth is, not domestically

You do realize that anyone who held altria before spinoffs got

MO - altria
PM - Phillip Morris
KRFT - Kraft
Mondelez - oreo maker and many other snacks

Altria is like a high yield bond nowadays, little to no growth and high dividend. PM sells the exact same product with a high dividend and high growth....do you even understand this concept?
This post was edited on 6/7/13 at 11:52 am
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