As with many people, I have gotten killed on this stock. Buy!?! I just wish it could get to 6 or 7 so I can sell and have some capital.
People have been speculating about a REIT spin off on this board for a long time. Don't think it's likely. VGR likes the cash the RE side brings in.
Stock splits don't have the cachet they once had with investors. If they did 3M would havelikey gone for it when the pps was higher. And it's a zero-sum game, anyway.
Usual BS. Stock runs up before the news, then the traders sell it off. F is so manipulated its pps will never match the company's success. Small wonder people believe the whole market is rigged.
Vape shops are opening up all over the place, where you can buy all the equipment and juice at a lot less that than the pre-manufactured cartridges. I would think they'd offer big competition to the cigarette companies producing their own products.
Strictly speaking, it isn't a bank account. But, I am speaking about the difference in returns. Negatives are possible, which is why you invest what you think you may ultimately lose. But if you do your do diligence, things should work out in the long term. As they have for me and VGR.
You sacrifice the FDIC and pennies in interest, for a position which has proven strong for years.
VGR to me is like a bank account. I add to it, collect divs and extra shares, watch the value grow. Have approached the stock in this way for years, and have never been disappointed.
That is correct.
Off Topic: The VGR Yahoo board is one of the few in which the stock is actually discussed, which I think is great.