09-23-2019, 08:19 PM
(09-23-2019, 08:09 PM)fenders53 Wrote: Anyone want to explain to me why that's not a REAL big deal for more than a few weeks?
I absolutely agree that it will be a quagmire for a very long time. But at these prices, I think MO could write off the entire JUUL investment and still be fine. Sure, it would hurt, but $41 per share of MO seems to have a complete failure of JUUL, a disastrous merger attempt, and accelerating decline in smoking rates all baked in already.