Earnings miss. Not to worry up 27% + ytd'17. Pick up more shares on the cheap. Stay focused, no panic.
Remember, bulls make money, bears make money but pigs get slaughtered.
Down $5 today.
How about that - going to finish green.
Klongturds largest holding Wells Fargo today downgraded to sell with a $30 price target.
What a Dummy as a stock picker; he should pick his nose instead.....LOL
If we are to go off the RSI then you could argue that a pull back next day or so could occur on PM before rallying up. Not sure how awe-SOME-stocks finds all these incredible trade ideas but im happy.
PM's weed business will dwarf their former glory days tobacco business in the not to distant future. Buy this puppy on any weakness and you will score in the medium to long run.
PM is a Ponzi Scheme. The book value is Negative $8. Since 2012, sales and profits declined almost 20% The 3.5% dividend deceptively supports the stock price. The payout ratio is almost 90% -- almost all profits go to paying the dividend. As the profits are declining, the dividend growth may go negative. If PM was priced at historical norms (PE about 18) rather than a Trump Bump valuation (PE about 28), then the stock price would be about $77. PM stock price at $120 has a weak foundation. IMHO
Nice comeback by PM. Figured that with the huge miss, this thing would be down at least 5% today and stay down.
Expect another anemic 1-2 cent dividend increase, if that, have the best and fastest car in race but driver cant seem to ever place, #$%$.
BTI purchase of Reynolds is now finalized. It's PM's turn next...
Can't believe this stock traded at 25 times earnings lol. Down she goes.
What a lousy earnings report. I was hoping for good news today. Maybe an Earnings beat(for a change)? Maybe a stock split? Instead, earnings suck.
Lordy, I'm up > one weeks work pay, before I early retitred, just for holding PM and MO. Smoke em if you got em.
"The company’s goal is to make sure that “every adult Indian smoker should be able to buy Marlboro within walking distance,” according to another 2015 strategy document."
India fumes as Philip Morris pushes Marlboro on young people
Philip Morris International is using tactics to promote Marlboro that Indian officials say break the law. Internal papers reviewed by Reuters reveal the plan.
Why PM up today. Dollar falling.
Klongturd sold entire PM position at $79 purchased at $ 90 - $91.
Buy high & sell low. What a dummy.......LOL
Guy never fails to surprise....downward! Analysts hate him, bring back Louie Camellari!
LMAO!! KLONGDUNCE OWNS 2 SHARES OF AMZN!! WHAT A JERK!! HIS TOP BANK WFC IS IN THE DUMPSTER RIGHT BOY???? HE SOLD AXP IN THE 50'S!!! HE OWNS A WOMENS MAKE-UP STOCK!! HE LOST BIG ON GORO AT 13++!! HE SOLDOUTTA PM AT 68!!! BTW BUFFOON I HAVE STOCKS THAT WILL OUTPERFORM AMZN!!! U CAN TAKE THAT THE BANK FBOY!!!!!!!!!!!!!....LOL
Recurring question: Who sold PM at $79.00?
"Even though the tobacco industry has lost a series of major legal battles, its suits have served to discourage the implementation of regulations that curb smoking. Those delays can yield years of unimpeded sales."
Inside Philip Morris’ push to subvert the global anti-smoking treaty
Philip Morris International is using its vast resources against efforts to reduce smoking. Internal company documents reveal details of the secretive operation.