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re: Is BUD a buy?
Posted on 5/22/23 at 1:35 pm to SlidellCajun
Posted on 5/22/23 at 1:35 pm to SlidellCajun
NO ONE is buying it. I work at a Cajun restaurant/bar and bud light was by far the top selling beverage. We from selling 15-20 a night, to 2-3 a week.
All my regulars who only drank bud light, won't touch it. They've all sworn it off.
So no, I don't think it'll rebound.
All my regulars who only drank bud light, won't touch it. They've all sworn it off.
So no, I don't think it'll rebound.
2
Posted on 5/22/23 at 1:42 pm to RUFshreve
But international sales are not being hurt the way yours are.
As a matter of fact, they’re increasing for all brands.
As a matter of fact, they’re increasing for all brands.
Posted on 5/22/23 at 2:18 pm to RUFshreve
quote:I thought this thread was about a stock? Not your observations selling cheap beer to old drunks.
NO ONE is buying it. I work at a Cajun restaurant/bar and bud light was by far the top selling beverage. We from selling 15-20 a night, to 2-3 a week.
All my regulars who only drank bud light, won't touch it. They've all sworn it off.
So no, I don't think it'll rebound.
OP, I've been looking into BUD some, but don't think I'm a player at it right now. Maybe somewhere below 55 and I might be.
FWIW, maybe check out PayPal if you're looking for a stock/company that's down with nice upside potential. I pulled the trigger a couple times last week on it. Once a little south of $62 and the next around $61.25. I plan on holding these for a few years while PayPal is working through this little funk. Prepandemic levels (before PayPal skyrocketed) it was in the ~$100 range, fwiw.
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