Altria/PM

A place to talk about speculative investing ideas for the optional Variable Portfolio

Moderator: Global Moderator

Post Reply
User avatar
dualstow
Executive Member
Executive Member
Posts: 14228
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Altria/PM

Post by dualstow » Thu Apr 19, 2018 2:13 pm

Feeling the pain today. It's my biggest indie holding and it's down like 15% intraday. Ouch.
(PM was spun off of MO).
Sam Bankman-Fried sentenced to 25 years
User avatar
buddtholomew
Executive Member
Executive Member
Posts: 2464
Joined: Fri May 21, 2010 4:16 pm

Re: Altria/PM

Post by buddtholomew » Thu Apr 19, 2018 7:31 pm

Sorry for your loss DS :(
User avatar
dualstow
Executive Member
Executive Member
Posts: 14228
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: Altria/PM

Post by dualstow » Thu Apr 19, 2018 7:38 pm

O0 I'll get over it, boo-hoo, but thank you.
It's been good to me overall. Just...not as good as it was a few months ago. Like, less than half as profitable as it was at the peak.
Sam Bankman-Fried sentenced to 25 years
User avatar
ochotona
Executive Member
Executive Member
Posts: 3353
Joined: Fri Jan 30, 2015 5:54 am

Re: Altria/PM

Post by ochotona » Thu Apr 19, 2018 9:18 pm

Wells Fargo could be fined $1 billion tomorrow?
User avatar
dualstow
Executive Member
Executive Member
Posts: 14228
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: Altria/PM

Post by dualstow » Thu Apr 19, 2018 10:19 pm

ochotona wrote:Wells Fargo could be fined $1 billion tomorrow?
That would suck for Berkshire.
Sam Bankman-Fried sentenced to 25 years
boglerdude
Executive Member
Executive Member
Posts: 1313
Joined: Wed Aug 10, 2016 1:40 am
Contact:

Re: Altria/PM

Post by boglerdude » Fri Apr 20, 2018 3:27 am

"If you lose money for the firm by bad decisions, I will be very understanding. If you lose reputation for the firm, I will be ruthless."
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

Re: Altria/PM

Post by mathjak107 » Fri Apr 20, 2018 7:02 am

boglerdude wrote:"If you lose money for the firm by bad decisions, I will be very understanding. If you lose reputation for the firm, I will be ruthless."
Pm has been doing awful for years . Smoking is on the decline . a simple index fund would have blown it away without having to take on not only market volatiliity but individual company risk too
User avatar
dualstow
Executive Member
Executive Member
Posts: 14228
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: Altria/PM

Post by dualstow » Wed Oct 31, 2018 9:19 am

old thread.@Budd: what you’re thinking about gold today? That’s what’s happening to my tobacco shares. Sometimes they get killed during a broad market rally.
Sam Bankman-Fried sentenced to 25 years
User avatar
dualstow
Executive Member
Executive Member
Posts: 14228
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: Altria/PM

Post by dualstow » Tue Sep 17, 2019 6:07 pm

wow, every time I return to this thread to say Altria & PM are tanking, I see that the most recent post says the same, with not a lot of good news in between.

They managed to invest in Juul right before people died from vaping strange substances.

Somehow this stock is still up 100% for me (100% for PM, 160% for Altria) but it’s been a looong time since it hit a high.
Sam Bankman-Fried sentenced to 25 years
Post Reply