Thursday, January 8, 2009

MO

is an interesting stock or at least its price moves, which appear unpredictable. It is definitely playing chicken with these 5-7 cent range days, but it has held up in the 14-15 range, and though I am investing with the expectation of some upside fireworks, I will have to accept the fact of a decline, which these possum days may lead to.

But I'm still a buyer of cheap options on this company; especially on down days.

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