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Originally Posted by LegendaryLars
tobacco.. it dropped 10 bucks a share in like one day on the chart. Tell me why its a buy ?
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Do some DD.
The stock got hammered after Q1 numbers were down. The only reason the numbers missed is because wholesalers ordered more product in that last part of Q4 (2004) in order to avoid a federal tax increase.
After the next report the stock should rebound. Q1 was an aberration.