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re: How big of a hit did Bud Light take on the new campaign?

Posted on 4/9/23 at 11:36 pm to
Posted by SchiffReynolds
Member since Mar 2023
79 posts
Posted on 4/9/23 at 11:36 pm to
quote:

Stock is trading near a 52wk high.

You're getting down voted but it's true. How?


Stock isn't always tied to a company's performance or even projected performance.

Sometimes it's just "Will people but this shite"? And if the answer is yes the price goes up.

Greater fool theory in action.
Posted by Korkstand
Member since Nov 2003
28732 posts
Posted on 4/9/23 at 11:51 pm to
quote:

quote:

Stock is trading near a 52wk high.

You're getting down voted but it's true. How?

Stock isn't always tied to a company's performance or even projected performance.

Sometimes it's just "Will people but this shite"? And if the answer is yes the price goes up.

Greater fool theory in action.


Then check revenues and profits. Like the NFL, Disney, Nike, Coca-Cola, and a long, long list of other "woke" companies that conservatives boycott, they tend to do the opposite of "go broke". Triggering the right looks to be very good for business.

Greater fools indeed.
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