They haven't banned menthol yet. All those gains will vanish in an instant. But keep holding. I'm sure the FDA will issue you an early warning alert so you can get ahead of the crowd.
The liberals are in charge at the FDA. The fix was in a long time ago. The FDA is ready to announce the ban today, but has been told by the White House to wait until after the election.
Down 4% pre-market on news it will stop selling cigarettes. Big, big mistake. Will never happen. Shareholders will revolt. Sounds like liberal CEO is putting politics before profits. She may even lose her job. Buy Walgreens/short CVS.
Not to get excited because gold is coming right back down to $1215. Bugs, nobody wants your gold. The West doesn't want (never did). The East is going into a currency crisis with the withdrawal of Fed liquidity and that means they'll be lucky to be rice to feed their family let alone gold. So you lose, Bugs. For a trade, you can buy gold back down at $1215 up to $1350. But then get out, unless you want me to talk more of your money. That is all for now....
Like I said, gold is going right back to $1215. Tomorrow the Fed will announce another $10 billion in tapering and gold will get slammed all the way back down to $1215. Then you can play gold to a trade back up to $1330. Taking goldbug money is a one-way bet!
As I said last week, gold would come right back down after hitting a wall around $1270. It will go back to the $1215 level and GDX will fill its gap around $22.75. You can go long again at 1210, but just for a trade. Please, bugs, don't get carried away. It's just gold. Going nowhere long-term.
I remain positive on gold, but when IAG gets back to $4, I'm out at break-even. Just not interested in this roller coaster ride. I have some GDX calls and either gold moves up soon or I walk away from this trade completely. Not worth the aggravation. Go buy a consumer staples or a utility.
If their name was used fraudulently, they should issue an immediate statement denying their involvement.
What is the reporting requirement? My concern is these shysters have been buying shares and hope the cash tender bid will put them over the top. Then when they have 51%, they launch a mandatory $4.50 bid and tell the remaining shareholders to like it or lump it.
I have the $6 calls (to March). What happens to untendered shares/purchase rights?