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Philip Morris International, Inc. Message Board

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  • gollywogazoo gollywogazoo Jan 7, 2009 11:27 AM Flag

    MO UNCH. PM sold hard again. Why?

    elementary. PM is widely held across most funds (Hedge & mutual) and is being liquidated, almost daily, to meet record fund redemption's. MO has also come down significantly (from 25 to 15) for much the same reason. There was a massive block sold today - no doubt a fund redemption.

 
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79.80-0.55(-0.68%)Aug 31 4:01 PMEDT