PM / MO Merger?!

[fenders53]

No disagreement  Dragon.  I've argued your side of this often here.  I don't even know for sure what got me invested in this knife catching party.  I mostly blame Kerim and Divmenow lol.  Just kidding, greed sucked me into the stupid high dividend.  I still think that, and covered calls saves me in a few years.  It's been a wild ride.  I actually got called out of shares in the 50's.  I am very upside down on my initial few purchases now.  I won't be surprised if MO never hits 80 again in my lifetime.  I'm skeptical it's a true DGI stock going forward. For me, it's a current income play with an outside shot of a decent spike off the oversold lows. I am just going to have to hope Guru is right and this thing pops to 50 some month soon.  That is far from a sure bet.  What they need is stability in the biz and SP for a quarter or two.  That will draw in the crowd for the div you can't find anywhere else in a blue chip.  US utilities are an example.  Paying a 25 PE is pure insanity for a Ute, but fools buy every single dip because you get "safe" double CD rates now, right up until you get smoked on your capital investment.