Replies to post #891 on Anheuser Busch Companies (BUD)

[ZigZag1]

Let’s put it this way; it’s lost $11 per share since the debacle started based on reports of people being pissed. Once earnings come out, this thing will tank further to $30 - $35 in my opinion. What’s different about this is sales aren’t declining because people aren’t drinking as much beer. It’s declining because people (Buds target audience) doesn’t believe in the brands identity and are buying other brands. That’s why Coors and such are increasing in sales and share price. This boycott could be permanent