Invester Wouldbe

Buy Companies That Sell What People Need

Tobacco, Water, drugs (meds), etc - defensive stocks may be a good buy, but people seem to be reluctant to purchase because when they do , the profit takers come along and snatch up the gains and it is back on the bottom again. So how defensive are they after all ??? I thought Crammer said the Altria stock would be up $90 by April of this year and than he cut back to $80!!!!! It hardly gets up to 72 - combined -Altria with PMI - before it's back down to 70 -7l where it seems to spend its life.!!!! Profit takers, ie, insurance companies that have to pay out annuities and other such companies that need to have cash flow have to hire special employees to profit take as stocks generally elsewhere are down. Who wants to invest in these defensive stocks just to see the next day their money is gone and on and on it goes.
Crammer need to find another line of work. Causes too many people to lose money!!!!!!!!!! Stupid I was to listen to him !!!!!!