Reynolds American (RAI) tries again stalling just above 130% fair value

Reynolds American (RAI) has exceeded the 130% Fair Value mark again after reaching the level in July of this year. After a climb to $52.72 / share the stock retreated to $47.26 / share just a hair above the upper limits of Fair Value. It looks like a possible repeat as a retreat from $52.57 / share has started. This may be the upper limit on the company’s value. 

By | 2013-11-26T12:08:35+00:00 November 26th, 2013|Categories: Money Basics|0 Comments

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Steven Albrecht was the President and CEO of Charter Trust Company from 2001-2016

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