I mostly agree with you - (but I would say more...but I always overpay). Market seems to agree with you and that's what is important.
My question for you -- or anyone -- is about the commodity pricing of tobacco. This stock peaks between April and June. This stock valleys between Sept and Dec. Anyone know of a price chart for tobacco - I bet there is a correlation between stock price and tobacco price. UVV does same. Good news - as I see it. We're holding up during a valley period...because the earnings were so good. I think we'll peak April to June higher than we've seen in previous years....