I've been investing for over 50 years. We all have our successes and disasters. Did well on CAT and MMM. Got nailed on ARCO. Am still well ahead of the game. VGR is a keeper.
It's quiet because unlike other Yahoo boards, people here pretty much stick to talking about the stock...and sometimes there isn't much to say.
VGR will exist as long as people smoke. If it can buy the remainder of its RE holdings, it could, theoretically, spin that off as REIT. But at this point it is all speculation. At present, it continues to pay a big div and a stock div.
Faith is belief in things unseen, i.e., no empirical evidence. Might work for religion but not the market. Management has shown in the past to be friendly to shareholders. Declaring a dividend this time around is reflective of that.
Don't know what the future holds. But I'm standing pat for the time being, as tough as that is.
"When the demand finally arrives" Aye, there's the rub. I'd be more likely to replace "when" with "if." I can afford to hold; don't need the cash. But obviously over the last 18 months a lot of people didn't feel the same way.
I have held F for many years, and am optimistic about its future. Although I think 20 is a little high. Too many traders and not enough investors. I have a long term horizon; too many others want to make .50 and then sell.
Have held VGR a long time. Never complained about it, never will. The REIT rumor has been around for years. Don't see it happening, wouldn't mind if it did. Nor if a big tobac firm bought their e-cigarette business...or the whole company. I made back my cost way back when.
AWLCF is going to sit at 3.50 for months. It will have to cut its div to .10, and watch as the price drops. Those of us who are long term just have to hang on.
Yes. But they have done that for years. So they are down big today. Yet over the years they somehow mange to survive, despite the doom and gloom predicted. VGR is my biggest holding. I added a couple week ago. It just seems to chug along.
It really isn't guessing. It's watching this stock for years. Will it go down to single digits? Doubt it. More likely it will sell out and spin off its real estate to a REIT. At any rate, at present, I think it's a good deal. When I cease to believe that, I'll liquidate. I am five figures in the green on it. So I can hold on for now.
The job of those who write for MF, SA, The Street, etc, is to churn out articles; that is what they get paid for. The legitimacy of those articles is always questionable. My own view is that giving them credence is really no different than following some anonymous poster on a board saying "Sell all your GE today!"
There has been speculation about the future of VGR as long as I can remember. Will it lower it's dividend? Will it be bought out? Will it form a REIT?
All I can say is that this stock has been good to me for years. So much so, I added to my position today.
Not sure what to make of them still paying a div, even though it's only 10 cents. I'm already into a 6-figure loss on paper, but selling now wouldn't generate all that much cash. So I'll hold and wait it out.
A free market means intelligent and responsible people can be successful. This is anathema to the Dems, who want everyone to be dependent serfs of the government.
As said above, fundamentals don't seem to count for much anymore viz stock price. As long as Awilco is perceived as weak, it will have an ADV under 10K and 500s can take it down 5%. I hold on because I am basically optimistic about its future, and can absorb the big loss I've sustained.
Awilco is going to sit in the 3.20-3.80 range for some time. Lacking any positive news, there's nothing to push it up. Plus it's thin trading means it moves on 200 shares, usually down.
How much of GEs growth is in anticipation of the buybacks and divs promised from the divestiture of its financial arm and appliance division? F cannot make such a promise. Although I will say F is incredibly manipulated.