Even if you don't have the cash to buy more PM while it's having its first 20% off sale of the year, PM is buying its own shares back via their share repurchase plan. The lower the stock drops the more shares they'll be buying.
Let's hope that the low 40s becomes the new trading range. If it drops back to 35 that's when the real fun starts.
Good luck investors.
Note: I did sell some out of the money puts against LO yesterday. You could earn 10% more today selling the same September 65 puts that I sold yesterday.
Isn't the internet great, you can just create a new user name and try out a whole new persona. You must not have been too happy with your last online personality Sundance (all caps, lol before your posts, an overall arrogant and irritating disposition) so now you're going with a more conservative approach which is nicer, I will say. But just to let you know, you're not fooling anybody and you're still the same jackass you always have been and always will be.