I doubt that $118 will be seen (I will buy more if it is), but I also do not expect that we will stay above 150 indefinately. I agree with the other poster that 34x earnings is quite expensive.
I would not want to be short directly, but I have sold Sept 150 calls against my shares, and I do not expect to be exercised. Options are so illiquid in SAM that they are almost untradable, so I expect to be short my calls until expiration. If SAM goes to the 130s in June, I will try and buy may calls back for about $2. Either way, I expect to still have my shares in October.
While I wait, I will hoist a glass Boston Lager and toast my good fortune to have bought SAM way back when. Cheers!
$150 would still be over 34x earnings. I feel that is far, far too high to be the "opportunity of a lifetime". This currently has a multi-billion dollar market cap, but it is priced like a small, growth oriented stock, even though earnings haven't been improving at drastic rates (last quarter earnings actually comped LOWER than the prior year).