PRU @ PAR or better, JMO
If RBC can manipulate their own press to flush out the weak hands, they might get the sellers down to the $56 level, which is where I would be willing to take an advance on my Christmas bonus and buy "MO" shares for myself.
I call it downgrading for profit. Stay the course and hold if you are Long. MO is, and almost always has been, a very good moneymaker.
It looks like a "sell the news" scenario right now, but I'm in agreement with you. It may just take a little longer to get there, as $50 is a major resistance level.
FWIW, my guess is that the share price will be above that mark. Who knows, maybe it can reach par, and maybe the board would consider a split.
Now, we wait to see what Mr. Market has to say.
On Yahoo, msg. board is not accessible for MDLZ.
Bear Call spreads are normally done when a stock is overbought. EMR is oversold and hence, a Bull Put spread usually works better.
...In addition to the regular $0.22 dividend if they don't cover by the ex-date.