MO getting smoked

Discussion in 'Stocks' started by indahook, Sep 25, 2006.

  1. :D sorry... couldnt help myself
     
  2. Where are you gonna call a bottom for today?
     
  3. Not playing that game. Will look for a long entry at the convergence of price and trendlines.

    [​IMG]
     
  4. narballs

    narballs

    i was watching MO today, what a crazy chart, feel too much news on this stock making it so volatile...
     
  5. I never play MO it has too much event risk. I have no idea when these suites will come out of the woodwork.

    Same reason I don't trade biotech. You never know when the FDA is going release news.

    John
     
  6. I like the 4.46 % dividend.
     
  7. seems like a great long here...

    today up 1.50

    Shares of Altria Group Inc. (NYSE:MO - News) and McDonald's Corp. (NYSE:MCD - News) were the top two stocks underpinning the Dow's advance, while shares of chip maker Intel Corp. (NASDAQ:INTC - News) led the gain in the S&P 500, which hit a fresh 5-/1/2-year high.