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Assuming a case of Sam Adams is $30, you can now either get 1 share of SAM, or 21 cases of beer with some change left over. Which would you rather have?
The share. But I wouldn't pay for either of the options.
Anyone trading SAM should have avoided it or shorting it. That's why trying to catch a falling knife is often a losing strategy at least on a short/mid-term time frame.
Well, they arent going to see growth again like they did last year. Truly is good for what it is but there are so many alternatives now. I am surprised that they have any success with their beer portfolio but I dont understand why so many breweries are carrying 10 IPA's now so I clearly dont have a full grasp on the market. I guess they will fall back to where they were prior to COVID.
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