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Altria/PM

Posted: Thu Apr 19, 2018 2:13 pm
by dualstow
Feeling the pain today. It's my biggest indie holding and it's down like 15% intraday. Ouch.
(PM was spun off of MO).

Re: Altria/PM

Posted: Thu Apr 19, 2018 7:31 pm
by buddtholomew
Sorry for your loss DS :(

Re: Altria/PM

Posted: Thu Apr 19, 2018 7:38 pm
by dualstow
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.

Re: Altria/PM

Posted: Thu Apr 19, 2018 9:18 pm
by ochotona
Wells Fargo could be fined $1 billion tomorrow?

Re: Altria/PM

Posted: Thu Apr 19, 2018 10:19 pm
by dualstow
ochotona wrote:Wells Fargo could be fined $1 billion tomorrow?
That would suck for Berkshire.

Re: Altria/PM

Posted: Thu Apr 19, 2018 11:22 pm
by Desert
ochotona wrote:Wells Fargo could be fined $1 billion tomorrow?
That sounds about right. Such a corrupt bank.

Re: Altria/PM

Posted: Fri Apr 20, 2018 3:27 am
by boglerdude
"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."

Re: Altria/PM

Posted: Fri Apr 20, 2018 7:02 am
by mathjak107
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

Re: Altria/PM

Posted: Wed Oct 31, 2018 9:19 am
by dualstow
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.

Re: Altria/PM

Posted: Tue Sep 17, 2019 6:07 pm
by dualstow
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.