Tuesday, April 03, 2007

New addition to the family.

As most of you know, Altria (NYSE: MO) just spun off Kraft (NYSE: KFT) yesterday, giving current shareholders 0.7 shares of KFT for every MO share, that would be about 3.7 shares for me. I'm not sure if I should hold or sell right now, but for the meanwhile I'll be holding, even though the stock is down. In a small account where I'm trying to minimize trading costs, I'm trying not to sell as much as possible.

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