Ride the MO train
I am in no way encouraging smoking……but if you do chose to do so, please smoke the Marlboros! THIS ARTICLE shows how well my 401K and my retirement plans are going. With a possible split of Phillip Morris in the near future (PMUSA, PMINTL, KRAFT) the forecast is that of a share of PM going anywhere from $85 to $105, a rise of about 10 to 30 bucks a share from it’s current position. With the international market opening up, the international share of the split will have it’s share of possibilities for improvement and overall monetary improvements. With the smoker lawsuits gradually being decided, the National market will play along. So far the Supreme Court rulings in cases that are similar to the Smoker lawsuits has been favorable towards PM, so the stock has been performing well all year (jumped 5 points this week off of a court ruling from Illinois and annual financial report). Now the stock hinges on 2 more cases to be determined and the outlook, as of now, is promising. As for Kraft, it is a wounded duck which can’t get out of the water, barely keeping a level on the market for the year. I have been riding the Philip Morris (MO) train since I started working here and it has paid off. Last year I made a 20% increase on my investments at the end of the year! With MO matching 75 cents on the dollar up to 6% of my investments that ends up being better than imagined. MO is a cyclical stock and if you plan it right, you can only gain every year. And one thing that I have definitely learned is that yes, smoking is an addiction and yes the stress of economic downfall and rising gas prices cause people to stress more and in turn smoke more which in turn raises MO. So smoke em if you got em cause you’re putting money in my pocket.
October 20th, 2005 at 1:33 pm
No offense mate but that’s pretty disgusting. I know I don’t have much room to talk since our company is doing some MAJOR PM work and any holiday bonus I get this year is a direct result of the killing we are making off them, but I don’t like it. Our company has a good reputation in the health care/science field. Although I don’t like animal testing, we do a lot of those types of projects because, hell if it creates a cure for cancer or creates a new kind of vaccine, then it’s worth it. This new PM job? No health benefits for anyone. Sure they are trying to make cigarette’s healthier but they are still created to make $. I would rather they sold bombs to terrorists because smoking kills more US citizens than terrorists do. I don’t care how much PM would make me in the stock market, there are plenty of other investment options. I would never invest in a company that cares more for their bank accounts than peoples lives. My $.02.
October 20th, 2005 at 10:19 pm
Yeah my IRA hasn’t been doing too well the last few weeks. Fortunately it has 40 years to turn around.
October 21st, 2005 at 8:31 am
Considering the other options on my 401, how the market is tanking right now, and how my retirement heavily depends on the smoker stock, I have to take it as I can get it.