Wish I had your optimism. I think the days of three-digit oil are over, never to return...as least in my lifetime. I hold because I don't need the cash. The only short to mid-term jump would be due to M & A.
Awilco reminds me of Citi back before its 1-10 RS. Same trading habits except on bigger volume.
As I said, I'm just sitting with my position right now. With the loss I sustained from the huge drop, I gain nothing by selling. My goal now is to minimize that. I don't believe it will ever get back to my cost basis.
The Pope understands demographics, and sees the faithful no longer fall for the scam of a small aristocracy living like kings telling others they are sinners, while they themselves believe they are not subject to the same doctrines.
On the other hand, the growing strength of the dollar, and the falling pound, could make those London high end abodes attractive.
Buffet is the omniscient patriarch who believes he alone knows what to do with returns. Of course, he has never insistence his positions (KO, IBM, WFC, etc) stop paying divs.
I have no idea why Greenspan still appears in the media. He can't keep track of a thought from beginning to end. His dotage is so clear it's sad. He should be playing gin rummy with Sumner Redstone.
Your basis as expressed is baseless. If you followed something more than short-term charts, you would have seen that what VGR is doing now it has always done. You're one of 1000s who appear on these boards and make blanket statement, which lead one to believe you are all shorts.
Hard to say what they will do. I always thought management was very shareholder friendly. This would imply the possibility of a boost. On the other hand, their position now still appears tenuous. A modest raise is feasible in the short term. But, in the same way I don't see a return to the 20s happening, .50 also seems out of reach. At any rate, I continue to hold.
Well, it seems I have two possible paths to take: Fall back on my experience of having owned this stock for years, and observing its performance, or following a baseless assertion by someone who seemingly has nothing more than a troll's intelligence. Gee, which one should I choose?
VGR's narrow trading range allows just about anyone a chance to get in anytime. The pps is not subject to big variations. I think many of us here are in it for the for the cash div and the yearly stock split.
I believe you'll find that police do not see their role as "defending public places." The very nature of their participation means they will almost always arrive after the fact, unless an off-duty cop happens to be present. By the time they get there, the damage has already been done.
I'm beyond that, living on statins, blood thinners, beta blockers, and BP lowerers. And AWILCO's drop today does nothing to improve that.