As goes menthol, so goes LO. It is a coin flip. My flip is that menthol will stay. I added to LO a few weeks back. My reasoning is that the Media are no longer in complete lockstep with Obama, thus Dems. are hurting from the top down, thus congress don't want to #$%$ off any more voters than they have already. Only time will tell.
@ BlackoutBuzz, perhaps this news is too outdated (July 23), but for what it is worth, here it is: "Weakness in Reynolds America (RAI -2.3%), Altria (MO -2.6%), and Lorillard (LO -4.3%) following FDA guidance on the dangers of menthol cigarettes is likely a buying opportunity Wells Fargo says. The language used by the FDA is "somewhat softer than the menthol language from TPSAC's recommendation," analyst Bonnie Herzog notes, adding that this suggests "a ban is very unlikely." "