Reynolds Getting Too Much Credit

Tags: Tobacco, RJ Reynolds, RAI
10 Jul 9:52am
Posted by smokinstocks
0 Comments

Reynolds American Inc.

RAI (NYSE)

Forecast has expired Ended: Friday August 11, 2006

Target

$115.00 and below

-$4.20 (3.5%)

Time Span:2wks to 1mth

Final

$53.59

-$65.61 (55.0%)

Recommendation

Rating:Strong Sell

Risk:Very High Risk

Stop Loss Price:Unspecified

Final XP: -319

Target reached

Analysis

The court case was a major win for all tobacco stock companies.  The focus should be turned towards Altria Group and their seperating of Kraft Foods.  RJ Reynolds reacted well, but a little too well, and I think it is a tad bit overpriced now.  The market will let this steam off soon.

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About

smokinstocks

Hello everyone, my is Anthony Sacks, but please feel free to call me Tony. I am retired, and probably the most senior here in terms of age, but equally as young at heart. I am 64 years of age, soon to be moving on to 65. Been married to my beautiful wife Carla for 35 years, father of six, and grandfather of five, the latest to a handsome baby boy, Charles Anthony Sacks. I live in Dover, Delaware, and enjoy spending most of my time with my grandchildren. I have a passion for fishing, and at my age, eating. PS2 has become an interesting experiment for me. I play with Isaac and James, my two other grandchildren. I do not smoke and am not an investment expert. But I do enjoy investing and following market news. Particularly fond of Altria Group and Reynolds American. Bullpoo has been a fun discovery for me over the internet, and I hope to meet other individuals as keen on investing as myself. Please feel free to message me any comments.

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