Poof... closed right back where it started the day. Still, nice to see it make a new 52 week and all-time high, even if it was only intraday.
Vaping Mari-J is the future... how about RAI Revo-MJ
#$%$ use is permitted in 23 states and the District of Columbia for a number of conditions, including cancer, multiple sclerosis, severe pain and HIV/AIDS, according to the Marijuana Policy Project. Another 15 states allow patients – often with severe seizure disorders – to use a few strains of cannabis for treatment. Recreational use is legal in Colorado, Washington, Oregon and Alaska. At many vape shops, the new customers are typically older nonsmokers suffering from serious illness, according to vape shop owners, customers and industry experts. Patients and #$%$ groups say they prefer the vaping device for marijuana rather than smoking because they believe there are lower risks. Some states, including New York and Minnesota, prohibit patients from smoking the cannabis. In a vape device, the cannabis leaves or concentrate are heated to a temperature that’s lower than required for combustion. Vaping devices, which can be as small as a ball point pen, also provide #$%$ users with more privacy, since the vapor released by the heating device is nearly odorless. “Vaporized cannabis is a really significant trend in both medical and adult use,” said Christie Lunsford, a Colorado-based consultant who focuses on issues involving cannabis. “It’s consistent, it’s almost instantaneous, and it’s appropriate for a wide variety of consumers.”
For the umpteenth time, SHPG is again being bandied about as a possible target. And meanwhile the stock price is gradually heading up. A close above 65 would make a nice new support level.
@Now Pfizer’s management team is looking for products or a business to help make up for patent expirations of what once were blockbuster drugs. And a deal could be big or small. “I don’t think we’re looking at limitations on size,” Read said in an interview. “With size sometimes comes complexity.” While Read didn’t name specific targets, investors routinely parse his public comments for clues about which companies he’s looking at. GlaxoSmithKline Plc and Shire Plc, both based in the U.K., have been bandied about ever since Pfizer ended its six-month, $120 billion pursuit of London-based AstraZeneca Plc after failing to reach an agreement on price. Relocating to a U.K. address could help Pfizer save on taxes.
BTI is looking good to me. RAi should provide a nice boost in the couple of next years.
@3:27 am British Amrcn Tobacco beats on top and bottom lines (BTI) : Reports H1 EPS GBP1.42 vs GBP0.97 Capital IQ consenus; revs declined 6% YoY to GBP6.398 bln vs GBP6.351 bln consensus. Group cigarette volume was 322 billion, a decline of 2.9% against an estimated industry decline of approximately 3.5%. The Group's cigarette market share in its Key Markets continued to grow strongly, driven by the Global Drive Brands which increased volume by 6.0% The Board has declared an interim dividend of 49.4p, being one third of the 2014 dividend, a 4.0% increase on last year. This will be paid on 30 September 2015.
You clearly don't understand the fundamental design of BTC. No banker will ever control this cryptocurrency and its underlying blockchain. The big banks will certainly try to introduce their own coins and blockchains, but those will never compete in any serious way with BTC for dominance.
@Codename Citicoin: Banking giant built three internal blockchains to test Bitcoin technology Ken Moore, head of Citi Innovation Labs told IBTimes UK during a technology briefing that the bank has been looking at distributed ledger technology for "the last few years" and has amassed a skilled team. They have constructed three blockchains and a test currency to run across them.
@Barclays Trials Bitcoin Tech With Pilot Program Barclays has signed off on a proof-of-concept to trial bitcoin technology. Following an agreement with bitcoin exchange Safello, the UK bank says it will explore how blockchain technologies could bolster the financial services sector.
--- Banker's don't like it because they can't control someone's ownership of it, it is physical. They can with every other asset---
Bankers can't control BTC
Looks like GS needs to upgrade RAI to Super Conviction Buy and raise their target to $100.
As a MO shareholder, I agree with you. It would be interesting to see the company make a push into spirits by buying up a few micro-distillers. Or a decent sized micro-brewer?
If I was a PM shareholder though I'd be all for it. Like PM, BTI is a global tobacco giant, but unlike PM, BTI has significant exposure to North American markets through its Imperial Tobacco Canada subsidiary and its 42% stake in RAI. It's for that reason that I hold BTI and not PM.
You can certainly blame them for bad management, but incompetence does not equal deception, and that certainly does not justify a class-action suit.
Defend? I'm not defending anything or anyone you fool. It is your decision alone to buy or sell shares in a company. No one told you to ride it down as you saw the business performance deteriorate. Blaming your losses on others is a poor excuse for your bad judgment. Grow up.
NKE to benefit from TPP agreement. New target price 129.
Anyone know if NKE currently sells into the Iran market or is that blocked by sanctions?
@@NEW YORK (TheStreet) -- Nike's (NKE - Get Report) price target was increased to $129 from $122 by analysts at Jefferies this morning. The firm maintained its "buy" rating on the stock. Analysts believe the passage of the Trans-Pacific Partnership (TPP), a proposed free trade agreement between the U.S. and 11 other countries, is likely. If the agreement gets ratified, tariffs on Vietnam imports would be eliminated, which could boost Nike's margins, according to the analyst note. Vietnam plays a prominent role as it ranks second after China in U.S. footwear and apparel imports, analysts stated.
Maybe they are dumping SGYP to retail after the recent pump, while accumulating IRWD after the recent MS downgrade. Ya know... that pesky 'smart money' thing...
It appears Korea is also moving quickly.
@South Korea's POSCO , the world's fifth biggest steelmaker, said earlier it had been in touch with several Iranian firms seeking to do business after sanctions were lifted.