neobliviscar: Jah, no VZ for me. But the others I backed up the truck. Hedged the KMB but definitely letting BMY & MO run for a while before hedging them.
8/24/12
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det9: Neo and OM: What is the target price for BMY & MO
8/25/12
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Ocean Man: I don't really do target prices. They both have long-term upside and limited downside imo.
8/25/12
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Ocean Man: These 4 are all in my top tier of companies where pullbacks are rare and have a history of being rewarding.
neobliviscar: No price targets. I expect BMY & MO to get back to $33.5 & $35 respectively. At those levels will sell Calls. Collect Div until called away.
8/26/12
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neobliviscar: Wash, Rinse, Repeat. ~ Agree with OM that these are practically decent yields bonds that get mispriced- rarely. Relatively safe free cash.
8/26/12
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neobliviscar: PM was a darling like this too for many years. Loved it at $45 in 2010. Rode up to $60.