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Boston Beer Co. Inc. Message Board

  • guitar.dude6 guitar.dude6 Aug 30, 2013 11:15 AM Flag

    Low volume - no buyers - apocalypse forthcoming

    afterall - who would buy at this price when you can buy it 40% lower soon??

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    • Enjoying the apocalypse so far, just imagine when things get better how HIGH were gonna go. LOL :-)

    • The predicted apocalypse may have been predicted prematurely.
      Your observation of low volume is interesting, and I have noticed the same trend, however, today's trading is a significant up-tick with greater than average volume, all on NO news.
      I tend to agree that SAM pricing is not rational, and have been called out of my shares (a month early, no less), so I am on the sidelines for now. The sell price for my shares was a five-bagger as Lynch would say, and I plan to be back in at more appropriate prices in the future, but not now. Yes, it is tough to see the current pricing in the "could have, would have, should have" perspective, but I do not play that game.
      Last time I got out of my shares was when it went from low 20s all the way past 50. (I had been swing trading because SAM was cycling between 18 & 23 about once per month). It was more than a year before I could get back in.
      Anyway, it will be interesting to see what news comes out in the next few days. Such things are rarely an accident.

      Sentiment: Hold

 
SAM
263.27+1.15(+0.44%)11:35 AMEST

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