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lquadland10 (< 20)

An so goes the FDA again.

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September 23, 2009 – Comments (8) | RELATED TICKERS: SLV , AUY , BX

FDA: Sweet-flavored, clove cigarettes can't be sold

http://www.usatoday.com/news/health/2009-09-22-flavored-clove-cigarettes_N.htm

 

Time to short Tabaco companies? 

8 Comments – Post Your Own

#1) On September 23, 2009 at 12:24 PM, chk999 (99.97) wrote:

My guess is that clove cigs are so small a percentage of sales volume that actual profits won't change a bit. (And the cloves really are rough on the lungs.)

This might be a chance to pick up some tobacco companies on the cheap if the price really drops. I doubt tobacco company profits will be hurt long term.

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#2) On September 23, 2009 at 12:25 PM, Sozurmama (22.93) wrote:

I doubt it, if a smoker cant have one kind of cigarette, he/she will just start smoking another.

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#3) On September 23, 2009 at 12:40 PM, ChannelDunlap (< 20) wrote:

Wow that is some sad news :(  I smoked cloves for quite some time in my late teen years.  I still enjoy one occasionally, when I'm in the mood.  Sure am sad to see them go.  Damn you FDA!!!! 

Oh man, it's immediate, too.  I just thought maybe I could run out and snag a pack real quick before they pull them, but no :(

Agree with chk though, they're not big enough sellers to affect anybody's bottom line except 

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#4) On September 23, 2009 at 1:30 PM, leohaas (31.35) wrote:

No.

Cigarette smokers are addicted. They will find another kind of cigarette to replace the flavored ones with.

Maybe it is time to buy stock in candy companies. The idea here being that the candy will make up for the lack of flavor...

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#5) On September 23, 2009 at 1:39 PM, jstegma (29.32) wrote:

Yeah, this is just window dressing. Altria supported the bill.

It was already priced into the stocks when the law passed. 

Most tobacco stocks are a good buy.

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#6) On September 23, 2009 at 2:30 PM, lquadland10 (< 20) wrote:

Ah but is this just the start of ending Tobaco use?

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#7) On September 23, 2009 at 2:59 PM, Mary953 (77.27) wrote:

After being around people from more countries than just the US, I'm starting to think that the non-smoking obsession is limited to our country.  Maybe PM instead of MO.

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#8) On September 23, 2009 at 3:39 PM, ralphmachio (27.29) wrote:

Uh, guys, I think those clove cigarettes are made with the very same cloves used as a spice.  Anyone who could not figure that out would probably quit something they like because someone else legislated it... 

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