% | $
Quotes you view appear here for quick access.

Philip Morris International, Inc. Message Board

  • axpkocop axpkocop Apr 22, 2010 11:19 AM Flag

    Is PM at 50.5 a 50/50 Chance?

    I bought more today and sold puts. I'd say I have an even chance of making money this year based on my buy at 50.5 but over the next 5 years does it really matter if one pays 45 or today's price? I'd rather buy the stock today and also sell the 45 January puts for added income.

    This stock could be over 90 in 5 years plus I'll see my already fat dividend grow by a like amount. I think I'd rather risk overpaying for PM at 50 when the alternative is buying a one year CD that pays 1%.

89.98+0.26(+0.29%)1:39 PMEST