September 23, 2009
– Comments (8) |
RELATED TICKERS: SLV
FDA: Sweet-flavored, clove cigarettes can't be sold
Time to short Tabaco companies?
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.
I doubt it, if a smoker cant have one kind of cigarette, he/she will just start smoking another.
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
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...
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.
Ah but is this just the start of ending Tobaco use?
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.
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...