From Slope of Hope:
Breathtaking (literally and figuratively) how this stock is forming a gargantuan top, even after having lost so much of its value. Not that I have much sympathy for the cancer-stick maker………anyway, here’s the pattern for Phillip Morris:Slope of Hope homepage.
$83.18 last, down 0.31 (-0.37%).
With a 5.5% yield the stock is expensive to short (on that basis) but easy to find (thus cheap on that basis) with less than 1% of the float shorted.
I wonder what the stock knows that I should.
