I am outside working in the yard today with a cold ESB in my hand!
AB/Inbev can choose to help Sam Adams or CBA either way craft beer growth is not going away it is here to stay!
An increase in earnings could prompt a share buy back. Even tightening stock supply further. Once again one only need to look at Sam Adams to see what share buy backs, increasing sales and depletions and rising profit can do to a beer stock's share price!
Sentiment: Strong Buy
I agree, The Street fails to mention the huge naked short position, on this stock. If CBA starts posting the positive results they are predicting. The shorts are going to have trouble closing out their naked short position without the share price shooting thru the ceiling! There is just not enough float on this stock to suddenly come up with over a half million shares as demand increases! Sam and Brew are the only way to cash in on the Craft beer industry growth. Just look what Sam's price has done. If CBA is bought by InBev/ Bud or Heineken or some other brewery or group that short position alone will make the share price explode!
How dumb can Wall Street be.. Buffalo WW is but one of many exciting things that are going to happen to CBA this year. Just to list a few: Collaborative brews with Ninkasi, Deschutes, Bone Yard, KCCO going nation wide and Hilliards Joint Brew in the Northwest. Contract brewing with Laurelwood. International beer sales in 14 countries taking off. Redhook the beer of the Seahawk Super bowl winners. Dan Patrick and Audible Ale. Square Mile Hopped Cider west coast roll out Omission Ale getting Celiac org. approval. Kona sales continuing to sky rocket. Need I list more
In addition Bone Yard brewing will also be participating! This has got to be a PLUS for all involved!
Sentiment: Strong Buy
It should hit the Pacific Northwest in 5 days and then on to the Northeast in 2 weeks. Good luck shorts!!! So much for a one month cold spell as one poster said in Mid. December LOL
AEP 's CEO reports having burned massive amounts of OXF's coal in recent weeks....and you say it is of no relevance? Wait until your short position on OXF goes under water.That will have relevance to me as you drive up the price of OXF, with your repurchases of OXF stock you sold that you didn't own!
Sentiment: Strong Buy
As one shoryt said last December that this cold spell would last only a month! Try 2 months at least, maybe 3. Excess coal stock piles with sky high natural gas prices above $5,yah right right shorties
When this winter is done it will have been the coldest in decades. Natural gas draw downs have to be at an all time record!
Polar vortex #4 appears to be building here in the Pacific Northwest it should hit the east coast in 1-2 weeks. If you don't Know what a Maunder minimum is google it
Natural gas for Febuary will punch thru $5. I suggest everyone check out Boston and New York city weather. Those coal fired utilities are burning every piece of coal they can get there hands on and running at 100% capacity to meet demand. Right now there is money to be made burning coal!
When the natural gas reserves get near empty, natural gas prices are going to sky rocket upward. Just see what happens to prices when supply becomes inelastic. It will be a schooling in economics.
This move was a total knee jerk reaction reaction by brain dead wall street. Sid is a low cost producer. The Brazilian economy is gearing up for world cup.
Weather patterns begin on the West Coast then are brought east by the jet stream. Polar vortex #2 is now hitting the east coast! Polar vortex #3 should be a doozy too. The only thing holding the electrical grid up, in the Northeast is coal...and the electric utilities are burning lots of it!
Natural gas draw downs are at an all time high. Only a fool would short coal at this time! The data always lags the facts and the facts point to a OXF turn around!
You can't watch the Super Bowl without one of these in your hand. If your team starts to lose it's time to switch to game Changer Ale
I agree. There is money to be made here. However some has taken shares that they don't own and sold them creating a short position. They are hoping against hope, that the company goes BK or the shares don't rise in value. I expect them to post a lot of negativity. Things like: if the price of coal goes up it won't help OXF, or no matter how much coal it sells it won't help OXF, or the coldest winter in 20 years won't help OXF coal sales, coal is dead et cetera, et cetera, et cetera!