09-23-2019, 09:33 PM
(09-23-2019, 08:09 PM)fenders53 Wrote:(09-23-2019, 05:41 PM)stockguru Wrote: JUUL did nothing wrong. The issue is copycat pods being made. The truth will come out soon Enough. MO will be back to $50 at some point.
The issue is also it's not too hard to make a case JUUL knew full well they were marketing to minors. They might as well have put Pokemon cards and free toys in the package. Of course I am exaggerating, but that is how this is gonna get spun. We can pretend that's not possibly true, but it won't fly with the FDA, Congress, or the US President. It is what it is, they lost all their flavors, their advertising will be re-vamped forever. For the foreseeable future, they lost all of China, Wal-Mart, and more than likely some other large retailers.
Anyone want to explain to me why that's not a REAL big deal for more than a few weeks? Frankly that would require some delusional thinking IMO. I'm on your side Guru.I just bought 200 more shares of MO and I've been flipping PM options since this blew up. Actually made money on the options because I only do conservative derivatives. If by some miracle MO runs soon I'll be lightening up a bit. The yield is 8% for a reason. Not sure if I'll buy more if we hit the 30's.
WalMart never stocked JUUL so there's that. There are NO issues with JUUL. Once the dust settles and vaping will become much more regulated . Who benefits from the increased regs? The big boys. This is back up the truck opportunity.