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Subject: oh is MO | Date: 4/29/2007 12:49 AM | |
Author: HOGridin | Number: 45 of 188 | |
I owned Altria in real life, and MO shares of Altria (NYSE: MO) in CAPs. Recently MO gave up Kraft, at 0.7 shares of KFT for each MO share, which at the time MO was about $85. Now MO is about $70, KFT is about $32 so I have 70 + .7(32) = $92, which is a nice gainer of about 8% but CAPs has me a looser because MO is at $70. What to do? |
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