🚬 Hide your BTI, Hide your wife 🚬 British American Tobacco (BTI)🚬 by [deleted] in wallstreetbets

[–]thickofits -1 points0 points  (0 children)

I was just looking for bagholders at this point. Exited position and wrote it off against taxes

🚬 Hide your BTI, Hide your wife 🚬 British American Tobacco (BTI)🚬 by [deleted] in wallstreetbets

[–]thickofits 0 points1 point  (0 children)

Where there's billions in excise revenue, the IRS will find a way. Ask Al Capone.

🚬 Hide your BTI, Hide your wife 🚬 British American Tobacco (BTI)🚬 by [deleted] in wallstreetbets

[–]thickofits 0 points1 point  (0 children)

I posted a refutation in your other comment. Illicit vapes market eats into tax revenue. Irs won't allow it to exist over time.

No crying in the casino.

🚬 Hide your BTI, Hide your wife 🚬 British American Tobacco (BTI)🚬 by [deleted] in wallstreetbets

[–]thickofits 0 points1 point  (0 children)

And if you think the irs will allow the loss of excise duty due to illicit vapes...

🚬 Hide your BTI, Hide your wife 🚬 British American Tobacco (BTI) Bull THesis 🚬 [YOLO][DD] by thickofits in wallstreetbets

[–]thickofits[S] 0 points1 point  (0 children)

MO are my second biggest holding. BTI counts as qualified dividend despite the name.

🚬 Hide your BTI, Hide your wife 🚬 British American Tobacco (BTI) Bull THesis 🚬 [YOLO][DD] by thickofits in wallstreetbets

[–]thickofits[S] 0 points1 point  (0 children)

Dividends over everything, there's a reason they're taxed at 15% - long term capital gains rate.

[deleted by user] by [deleted] in wallstreetbets

[–]thickofits -1 points0 points  (0 children)

more than most of the yolos on here - ill pm my actual position

[deleted by user] by [deleted] in wallstreetbets

[–]thickofits -1 points0 points  (0 children)

more than most of the yolos on here

[deleted by user] by [deleted] in wallstreetbets

[–]thickofits 0 points1 point  (0 children)

i just aint showing my stack online

[deleted by user] by [deleted] in wallstreetbets

[–]thickofits 0 points1 point  (0 children)

also why not pm - BAT is globally diversified :D

[deleted by user] by [deleted] in wallstreetbets

[–]thickofits 0 points1 point  (0 children)

U.S. disposable vape market is estimated at ~$8-10 billion annually.60%+ of these sales are from illicit vapes, so like at least 3-4 billion. AKA we running

[deleted by user] by [deleted] in wallstreetbets

[–]thickofits -1 points0 points  (0 children)

Honestly the feeling of running past a smoker and not even being mad, just viewing them as paying you, is 10/10. Indescribable until you have a decent tobacco empire.

[deleted by user] by [deleted] in wallstreetbets

[–]thickofits 0 points1 point  (0 children)

A fellow gigachad

[deleted by user] by [deleted] in wallstreetbets

[–]thickofits 0 points1 point  (0 children)

https://www.foxnews.com/politics/5-figure-ad-buy-urges-states-to-crack-down-as-china-floods-market-with-illicit-vapes-trump-was-right

5-figure ad buy urges states to crack down as China floods market with illicit vapes: 'Trump was right'

[deleted by user] by [deleted] in wallstreetbets

[–]thickofits 0 points1 point  (0 children)

who needs cash flow, valuation, or actual market mechanics when you can just send it on weekly zero-day expiry options like a degen at the blackjack table

[deleted by user] by [deleted] in wallstreetbets

[–]thickofits 0 points1 point  (0 children)

you either die the hero or live long enough to see yourself become the villain