08-17-2021, 09:31 PM
(08-17-2021, 08:31 PM)divmenow Wrote:(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.
As George Costanza said "I'm aware!"
Repeating, I don't want to be in the beer business.
If YOU must, then get one with a great hard seltzer. (Which would be Boston Beer (SAM) and I don't want to own it.)