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    All Forums | Investments

    Vector Group

    ogmike
    TheBest
    KOAJ
    soothsayer13
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    Views: 415
    Posts: 9
     
    ogmike
    ogmike
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    Posted: Jul. 5, 2007 - 11:37 AM ET #1

    anyone have an opinion on Vector Group?  smaller tobacco company that pays a sweet dividend!  charles icahn just recently took a position in them too... or at least i think he did.  the only thing is that it is trading near its 52-week high.  should i wait a bit for it to fall some before i buy in, or should i jump in now?  thanks guys.
     
    Reply
    To remove first post, remove entire topic.
    anyone have an opinion on Vector Group?  smaller tobacco company that pays a sweet dividend!  charles icahn just recently took a position in them too... or at least i think he did.  the only thing is that it is trading near its 52-week high.  should i wait a bit for it to fall some before i buy in, or should i jump in now?  thanks guys.
     
     
    TheBest
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    Posted: Jul. 5, 2007 - 11:55 AM ET #2

    mo is better.
    Reply
    mo is better.
     
    TheBest
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    Posted: Jul. 5, 2007 - 11:56 AM ET #3

    In a research note published on June 29, the analysts mention that the company’s share price has appreciated by more than 10%, following the comments by Mad Money" show host, Jim Cramer, on the company last week. Cramer stated that Vector’s share price offers an attractive investment opportunity due to the company’s +7% dividend yield and Carl Ichan’s backing of the stock, the analysts say. Matrix Research adds, however, that there is now limited upside to the company’s share price, following the recent rally.

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    Reply

    In a research note published on June 29, the analysts mention that the company’s share price has appreciated by more than 10%, following the comments by Mad Money" show host, Jim Cramer, on the company last week. Cramer stated that Vector’s share price offers an attractive investment opportunity due to the company’s +7% dividend yield and Carl Ichan’s backing of the stock, the analysts say. Matrix Research adds, however, that there is now limited upside to the company’s share price, following the recent rally.

    Recommend this article to a friend
     
    ogmike
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    Posted: Jul. 5, 2007 - 1:17 PM ET #4

    thanks man.  i would buy MO, but i don't have enough cash to buy a $70 stock right now. 
     
     
    Reply
    thanks man.  i would buy MO, but i don't have enough cash to buy a $70 stock right now. 
     
     
     
    KOAJ
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    Posted: Jul. 5, 2007 - 6:44 PM ET #5

    ogmike

    price of a stock is irrelevant when finding the cheap ones

    thats the biggest misconception about the stock market

    if tobacco companies trade at 12x forward earnings historically and MO is at 8x while vector if at 14x which stock is cheaper?
    Reply
    ogmike

    price of a stock is irrelevant when finding the cheap ones

    thats the biggest misconception about the stock market

    if tobacco companies trade at 12x forward earnings historically and MO is at 8x while vector if at 14x which stock is cheaper?
     
    KOAJ
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    Posted: Jul. 5, 2007 - 6:45 PM ET #6

    MO is the best performing stock in the last 40 years in the S&P
    Reply
    MO is the best performing stock in the last 40 years in the S&P
     
    ogmike
    ogmike
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    Posted: Jul. 5, 2007 - 10:15 PM ET #7

    koaj, i completely understand the fact that MO has a lower P/E ratio and is cheaper.  my point is, i dont even have enough cash to buy 100 shares of MO right now, but i could buy 200-300 shares of VGR.  i usually like to buys stocks in lots of at least 100, especially when factoring in commission.  not sure if i am wrong for thinking like this, but that's kind of how i've always bought and sold stocks.
     
     
    Reply
    koaj, i completely understand the fact that MO has a lower P/E ratio and is cheaper.  my point is, i dont even have enough cash to buy 100 shares of MO right now, but i could buy 200-300 shares of VGR.  i usually like to buys stocks in lots of at least 100, especially when factoring in commission.  not sure if i am wrong for thinking like this, but that's kind of how i've always bought and sold stocks.
     
     
     
    KOAJ
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    Posted: Jul. 6, 2007 - 6:22 AM ET #8

    ogmike

    it only matters if you are on the floor of the NYSE and trying to work an order for a client

    if you are sitting home clicking submit on ameritrade, it doesnt matter at all
    Reply
    ogmike

    it only matters if you are on the floor of the NYSE and trying to work an order for a client

    if you are sitting home clicking submit on ameritrade, it doesnt matter at all
     
     
    soothsayer13
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    Posted: Jul. 6, 2007 - 5:42 PM ET #9

    I own CG but either way, you can't go wrong with having a Tobacco stock IMO.


    Reply
    I own CG but either way, you can't go wrong with having a Tobacco stock IMO.


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