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  • Altria's Future Is In Cannabis [View article]
    Retired One
    While discussing our position in Altria many years ago my father told me that the
    Tobacco industry had the best lawyers in the world. He was correct then, and the same is true today. The tobacco industry will not enter the MJ business until asked
    by the government, with a solid agreement in place.
    The government will be most concerned about an accurate accounting of their tax revenue, and secondly quality control.
    Big tobacco has proven to be a resilient business, adept at change with a strong
    loyalty to their investor base.
    Aug 22, 2015. 12:36 PM | Likes Like |Link to Comment
  • Altria's Future Is In Cannabis [View article]
    MO and the other industry leaders are smart they will not make a move until they are asked by the government to step in and insure quality control and a steady bonded stream of regulated tax dollars for the government.
    They will then insist that they be indemnified from future lawsuits pertaining to the production, use and distribution of this product.
    Only then will they enter this marketplace in my opinion.
    Jul 30, 2015. 06:25 PM | 2 Likes Like |Link to Comment
  • Notable earnings before Wednesday's open [View news story]
    MO simply put, it's the cornerstone of my portfolio.
    Jul 28, 2015. 08:18 PM | 3 Likes Like |Link to Comment
  • Reynolds Plays The Waiting Game With The FTC [View article]
    There are 5 FTC commissioners all lawyers appointed to 7 year terms to make all the decisions before the FTC.
    Who came up with this plan?
    How is it possible for 5 lawyers to have the expertise to make intelligent decisions on all the matters before them?
    The panel is made up of 4 women and 1 man. This seems about right after all at least 4/5ths of all the businesses that might have matters before them are run by women aren't they?
    With this kind of a panel in place to handle all the decisions before them the average decision should take longer then their 7 year terms.
    Apr 17, 2015. 11:17 AM | Likes Like |Link to Comment
  • Decision Made... Philip Morris > Lorillard [View article]
    Oh my now I am receiving an email notice from someone with a point of view and
    44 shares of stock?
    I certainly can appreciate most anyone's point of view, but I would give much more weight to the information if the investment was in the six figures or higher category.
    Just my opinion.
    With those qualifications in mind let me also say any investment in PM must be made with the understanding that your stock value can be impacted by the actions of foreign governments as we have seen in the UK.
    I am long on MO, LO, RAI, VGR.
    Mar 26, 2015. 01:27 PM | 7 Likes Like |Link to Comment
  • Cowen: Tobacco stocks feeling interest rate pain [View news story]
    Does anyone really believe at this point that anyone cares about the 10 year Treasury yield?
    Altria just retired higher long term debt in a matter of a few days. Just about all long term debt has been replaced with new debt at record low interest rates.
    Only thing affecting current market declines is manipulation and nonsensical stories designed to scare the smaller investor.
    Be it Greek debt, the Israel elections, speculation that the prime interest rates may increase from you think?
    Or any other nonsense it's time to see this for what it really is.
    Market Manipulation!
    Last two Monday's MO has been up, so they sell it off on Tuesday. Next week they will push it up Monday & Tuesday and sell it off on Wednesday.
    I bet we will be looking at 58 in May as LO/RAI merger is completed.
    Mar 17, 2015. 11:04 AM | 7 Likes Like |Link to Comment
  • Altria: Now On Sale With A 4% Yield [View article]
    Retired One
    I like your style! That was a well thought out, concise response! Good for you!
    Personally my investments cover just about everything from power, health, consumer goods, all well run companies with a strong commitment to their shareholders.
    You invest to build wealth, not send messages.
    Mar 17, 2015. 08:12 AM | 2 Likes Like |Link to Comment
  • Altria Pullback Presents An Opportunity [View article]
    If that was the case it would be insignificant compared to the number of accidents caused by people on cell phones & other electronic devices. Just look around at how few people are actually looking where they are going!
    Mar 17, 2015. 08:02 AM | Likes Like |Link to Comment
  • Altria: Now On Sale With A 4% Yield [View article]
    As I have stated earlier I firmly believe the market is manipulated by the big players who consider the market their job and only a hobby for the rest of us.
    That is why I ignore charts & graphs, moving averages, and other ideas designed to predict the market. One thing is certain until the SEC calls in some of the big players and asks them why they all decided to sell at the same time it will continue.
    They would rather focus on Martha Stewart.
    Buy and hold solid companies and avoid tring to predict short term market movements, if you are luckly one day you just might buy or sell with the big boys, even if it's by accident!
    Mar 16, 2015. 02:52 PM | Likes Like |Link to Comment
  • Altria: Now On Sale With A 4% Yield [View article]
    Why is it then that everyone that smokes doesn't die from smoke related illnesses?
    If you think about it just about everything you do can kill you one way or the other since we are all going to die.
    It's that freedom of choice thing that really must be considered.
    Mar 16, 2015. 02:41 PM | Likes Like |Link to Comment
  • WSJ: FTC turns up scrutiny on Reynolds-Lorillard deal [View news story]
    As a long term holder of both LO & RAI I believe this merger will offer value and a stronger company moving forward. LO has been a strong performer and I have been a happy shareholder. I have also enjoyed my position in RAI and I believe they will also provide real value for their shareholders.
    LO being smaller was always subject to the whims of the "experts" releasing stories about menthol.
    Once the merger is completed these stories should fade away. We will only have to worry about stories about "the Greek Debt", "Global Warming", and
    The impact of a "strong dollar vs the global economy" when the experts wish to influence the market one way or the other.
    As an investor I only worry about:
    1. Companies business plan.
    2. Debt
    3. Commitment to provide real value to their shareholders.
    I'll leave the Greek Debt & other nonsense for the "experts"!
    Mar 15, 2015. 11:58 PM | 1 Like Like |Link to Comment
  • WSJ: FTC turns up scrutiny on Reynolds-Lorillard deal [View news story]
    What a load of nonsense. We would be far better off if someone investigated the FTC to see how much of our money they are wasting on this nonsense.
    Who other then government takes this length of time to make a decision!
    Next time your boss asks you a question try telling him you need 6 months to a year to mull it over!
    Mar 13, 2015. 06:54 PM | 6 Likes Like |Link to Comment
  • Altria: Now On Sale With A 4% Yield [View article]
    Businesses supply products or services to meet demands. Governments make laws to protect people. No one is in business to kill people.
    In this era we currently live in no one has any personal responsibility.
    People buy homes they can't afford, banks aren't allowed to verify income, and when the people stop making payment they sue the banks because they just didn't know.
    If you buy a car drive it 120 miles and hour into a tree it will kill you. Would you say the automobile company is in the business of killing people?
    They made the car, government set the speed limit, only the driver was responsible.
    Everyone knows the dangers of smoking, drinking and driving fast. Once someone decides to do one of these things the result is their responsibility.
    On a side note is anyone, the AMA, government, anyone complaining about the rising acceptance and legalization of pot?
    Whose fault will it be when we become a nation of dopers? I'm sure someone else will be responsible because they just didn't know.
    Mar 13, 2015. 11:54 AM | 1 Like Like |Link to Comment
  • U.K. passes cigarette pack branding ban [View news story]
    When you allow a company to spend millions of dollars building up a trademark on a legal product then take away their right to use their packaging is my comment on personal freedom hating that much of a stretch?
    What exactly would you call it?
    If they really believe tobacco is bad outlaw it.
    Intelligent people would make the public aware of the dangers then allow free people of legal age the choice.
    When instead a government chooses to allow the product to be sold, and apply excessive taxes a sensible person must question their true motives.
    Mar 13, 2015. 12:00 AM | 3 Likes Like |Link to Comment
  • Altria: Now On Sale With A 4% Yield [View article]
    Matt here is my response to your question.
    I have made a great deal of money in the market over the last four decades.
    The interest rates being paid in MM & CD's do not warrant interest, bonds are also in my opinion a waste of time. As for Warren Buffett I'm not giving anyone a couple of hundred grand with no dividend return.
    Blue chip well run companies have done very well for me. I do not like it when they are clearly manipulated.
    It is true that when interest rates rise some money will leave the market.
    Smart money will remain in one of the best places for a person to build wealth.
    You are not going to get rich even on a 5-8% yield, you are simply marking time.
    Mar 12, 2015. 08:29 PM | 3 Likes Like |Link to Comment