(04-14-2023, 07:52 AM)Caldrac Wrote:

(04-13-2023, 05:58 PM)copycat Wrote: Just an observation on my part and an FYI.  I have been sitting at the bar in the United Club in Houston for an hour now.  Bud Light is not on tap (usually the free beer).  Coors Light is as well as Bud Heavy.  Thus farI have not seen a single poor of Bud.

It's going down the toilet bowl now for sure. I think their stock hit continues to rise as they were at a $6.5B loss as of yesterday or the day before. 

Not sure how much it really matters though if they're primarily backed by one of the world's, if not, the world's largest asset group in Blackrock. Blackrock has over $10T in assets. They have more money behind them than most countries do at the moment. 

In the grand scheme of things, Budweiser could fall off a cliff tomorrow and Blackrock won't skip a beat. They'll just flip their assets over to a new brand and company and allow them to use their old facilities, equipment, etc. 

It's pretty interesting and disturbing. They can push any narrative they want behind the scenes and still make out on top by playing both sides. While it's encouraging to see a lot of people voting with their dollars, it's also disheartening to see a ton of hardworking people potentially losing their jobs.

On March 14, Budweiser stock closed at $60.45.   As of this moment, pre-market, April 14, it will open at $64.34, which is a gain of over 5% for the last month.

I think in another month or two, this will all be forgotten, except for the executives at BUD, who will institute greater controls on how advertising gets approved.

I can't make a connection between BUD stock and Blackrock.  The largest investor in BUD is Dodge and Cox Stock fund, which owns 1.46%.  Only 6.3% of shares are owned by institutions.

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