I bought the boston Beer Company when it was at 24.00, Great success with this stock at $36.77, Hold or sell?

Question

I just dont know if a small company like boston beer will stay at the this mark....it does have some great Keys...like 0 debt...but can Sam adams really make the long run? or is my return good enough where I should sell and move on? what is your opinion?

thanks kurt c but do you think you can get a little more into that....

yes, that is a good point about the conference, as for tanking...I dont see that, but i am wondering if the company is overbloated, I watched them increase too fast I think, I think the stock should be at about 33.00 dollars, if it drops below that..i will definatly buy more...by the way..try the beer..it is the best!

Answer 1

(my assumed numbers are for residential, non commercial, and casual investing)

if you have a small investment in this stock, i cant really provide you with much good information (small can go from 1 to maybe 35/40 shares in this case)

assuming a more medium investment of 50-120 or even up to 150 existing shares, there are two options i see as viable.
#1. if the stock may split in a year or less, hold on to what you have, and then after the split, hold on just long enough for the post-split rise to end, and pull out all the extra shares you gained that you did not originally have, thus making profit.
#2. pull out and invest in something you predict will do a similar thing in the near future, and keep riding the short-term market until you lose your momentum.

if you have a larger investment, you might consider the previous plan on #1 or, you can take the time to do some math. take $ you have in stock, subtract $ in stock you had at start, and sell enough shares to equal that difference (your profit) as close as you can. that way, you have the same commitment as before in terms of money, but not shares. However, in the event that the stock splits, you will increase those shares and have the opportunity to sell those extra shares again for even more money. even if it does not split, the money you made pulling out the profit will support another endeavor into a similar situation or allow you to do whatever it is you want with it.

That’s the short term scheme of things anyway! (im more of a long-term investor) Good luck.

Answer 2

The trend line is up. The company has made profits. Is there any news of something changing? The price to earnings ratio is a tad over 32, which is a good deal higher than I am usually comfortable with, but unless you know of something adverse pending, ride the trend. Something you might consider is putting a stop loss, a sell order for if it gets down to (careful, don't sell it at, but if you don't know what a stop loss is, ask your broker) something like 30 or 32 (the August or September technical floor).

Answer 3

the symbol SAM announces earnings on tuesday. YOu will know then if you should keep it. If they beat estimates, I would hold it till the next announcement. If they dont, then sell. I would sell some now anyway just to keep some profit in the event it tanks.

Answer 4

sell before everyone else starts selling, bear market and major selling coming soon, too much growth going on for the market to stay healthy

Answer 5

Sell!!!!

Answer 6

Don't be a pig...Sell