Monday, July 27, 2020 10:03:13 AM
MAY BE double-top PROFIT TAKING TIME... Watching closely to see how she reacts BUT it may be near time here. Got to keep CHURNING those wins into FREE TRADING Wealth-building FREE INCOME position as was my original thesis walking in here...
Got LOTS of static from folks telling me about the trade-off: Saying divis get devalued & abolished by loss in stock price. LMMFAO! Meanwhile, it's been EXACTLY the opposite for me. Allowing me to build a FREE divi-generating position with the PROFITS from trading the stock!
Thank you Altria! Love you baby!!
*PM Raj: I'm guessing she'll break UP through that DT & then we'll find that position, charting now...
** Yes, now a triple-top, which makes the previous comment less certain but that's how fast things change. Still looking for another more sign resistance level AND watching technical indicators for softness... I still think she BREAKS $42.09 imv. We'll see,...time will tell: ALWAYS DOES!
*** PM Tim: Yes, lol, just barely. Rather be lucky than good brother!
Recent MO News
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- Altria to Significantly Enhance Cash Returns to Shareholders Through Expanded Share Repurchase Program in Connection with Pricing of Offering of Anheuser-Busch InBev Stock; Raises 2024 Full-Year Earnings Guidance • Business Wire • 03/14/2024 01:56:00 PM
- Fisker’s Shares Take a Hit Amid Speculation of Bankruptcy, Altria Divests from AB InBev to Fund Stock Repurchase Initiative • IH Market News • 03/14/2024 11:39:32 AM
- Altria Announces Intent to Sell a Portion of its Investment in Anheuser-Busch InBev • Business Wire • 03/13/2024 08:15:00 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 08:09:02 PM
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