What Did You Buy Today?

[divmenow]

(08-17-2021, 08:24 PM)NilesMike Wrote:

(08-17-2021, 10:27 AM)MrFortune Wrote: Quick question. I have 9 shares of SAM. I'm down over $3600 which sucks. Worst investment ever!! But it may be headed even lower and more losses. I'm a big fan of there beer and it's my go to beer which is why I bought lol. But at what point do I just say screw it and take the loss and move on and invest in other names?

I added some OHI, LOW, TGT and MO

Beer sales across almost all brands has been flat at best for quite a few years, except for Constellation Brands (Modelo-Corona)

I don't want to be in the beer business. If you must, find one with a great hard seltzer or whatever they call it, that's the growth market.

I guess you don't realize the Sam Adams own the Truly Selzer brand 

They also own Twisted Tea and Angry Orchard.

So I wouldn't write off SAM just yet. The are in way better position then BUD and TAP

But I also wouldn't have bought at 1,000 per share lol. I mean this stock was stuck in the $300 range for years and then all of sudden shot up.