I'm Worried About MO

[fenders53]

(12-21-2021, 10:46 AM)Kerim Wrote:

(12-21-2021, 10:34 AM)Scooterd Wrote: If a Security I have invested in dips significantly I try and determine is this a permanent shift or just short term hurdle. If short term; I Invest more capital.

Me too, so long as the original investing thesis holds. Given the concerns I've expressed above, I am for sure not adding to my MO position soon. Maybe I'd change my tune in 2022 if it becomes clear that is this just short term pain. Anyway, I think there are better opportunities right now, and my DG portfolio is already almost 20 percent tobacco!

Thanks everyone for helping me think this through.

Any thoughts or predictions about MO's marijuana prospects? I think a lot of MO investors are assuming with little basis that this will eventually be a big revenue stream for MO. Maybe, but I'm not as optimistic about it as many people seem to be.

I'm not sure how they would command any sort of pricing power like they do in tobacco.