I'm going all in.......
Did you buy it today? I'm not sure how low it traded but it may have been under 42?
Wasn't fast enough but am licking my chops.....maybe tomorrow.....
This autumn 10% more dividends anyway! The actual price is already a bargain.
What's the alternative ? Rotten banks and insurers ? Mines in the free fall ? Greek and Spanish bonds ?
I feel much better with PM, maybe BAT as the cherry on the cake !
If the stock price falls to $42.18, will a 10% increase in dividend or another $0.24 per share per year make up the difference in net worth given the $49 value today? Hardly. Might be a good time to sell and then buy back later, but how will taxes affect your outcome? You do the math.
love this post...finally someone with conviction
It will be $42.18
Why don't you just say it for the high school flunkies.
KISS