seems like the embargo will get lifted in the not too distant future.....what effect will that have on cig/pcig/et.al.?????.....seems very big to me....anyone have any news on the embargo potential?
Yes, it would be a negative, but what makes you think the embargo is going to be lifted? I don't see any chance of that happening near term. The big problem is not any pending influx of Cuban cigars, but the disruption in the marketplace caused by cheaper and lower quality cigars. Consumers may also be trading down to lower price points. Earning will be released on Wednesday for CIG. It will move the stock, one way or the other.
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