X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is -0.9 In other words, the correlation coefficient of the other stocks
That's it, boys and girls -- RAI is no longer trading on its own. It's been a GREAT ride (dividends were a big help in paying for sons' college!), and congrats to the longs who will prosper with the BAT merger. See you there!
Taxes - cap gains. Checking my single no-IRA brokerage acct containing RAI shares, I am happy to report that the only portion of the transaction subject to cap gains is the cash portion received. It is still possible that the BTI shares received may be included but as of today the BTI shares do not appear to be a taxable entity. I have always concluded that this would be the case. Best to all.
Susan Cameron: Thank ya, darlin'. Well done. Been in since 1994 Xmas gift OG 100 sh. Of RJR from Dad. Always dripped. Never sold a share. Don't mind paying LTCG & STCG. Plenty left for further happy investing in other sectors, while still holding gift of biggest tobacco company in the world.
XXII has the patents, research & technology to lower nicotine levels...gonna need to license from them to meet new standards?
Hey gang. This board will disappear soon. Who is going to migrate to the BTI board?
Has anybody received their BTI stock and/or cash yet?
XXII will benefit from Friday's news...mentioned it here last year when it traded under $1, as they produce lower nicotine cigs.
It's sad to note that Reynolds American Incorporated will cease to exist as a single entity on July 25, 2017. I initially bought RJR Nabisco preferred stock in late 1993. That preferred stock was converted into RN common stock a year later in November 1994. Most of the RJR shares which I bought came from the sale of my Nabisco Group Holdings shares in 2000. RJ Reynolds might have gone down the drain in 2004 had it not merged with Brown & Williamson during that year. It seems that I'll be forced to fork over 28% of my capital gains in the form of taxes but that is what happens when a stock appreciates in value by 150% during the past three years alone.
Deal closes on Thursday. Coincidental to BTI reporting 2q'17 earnings. Just saying.
If one takes the closing market valuation of RAI shares as of yesterday and compares that to the cash + new BTI shares received (trading today), is it not true that the valuation of the (old) RAI shares higher than the new package (cash + BTI shares received). Comments please!
it is about time, you guys were only making money on RAI because cigarettes are an addictive drug, now that is all about to change. So let's see, after you pay taxes on your cash portion of the deal and now with BTI's plunging share price, how do you feel about supporting the world's biggest cancer causing company?
so how does it now feel to be a shareholder of the largest cancer causing company in the world?
Rolled all the cash I gor from this into additional shares of BTI. Hope I didn't screw up.
CEO pay has increased 937% since 1978 while worker wages have remained flat; and think of how many people have been killed, maimed, and disabled by cigarettes since then, shame on all the tobacco industry.