/biz/ - Business & Finance

>TAP
The more I look at this stock the more bizarre it becomes. They just raised their dividend in the midst of the Corona crisis while the 5 year falling knife pattern in their stock value is also quickly accelerating. Wtf is this? Are the managers secretly buying puts for thier own company while running it into the ground or what?

>regularly check threads for stocks that haven't recovered from Corona yet and might still be good to buy
>some anon posts TAP
>1 year chart looks interesting
>zoom out
>it's been going down non-stop for half a decade

AYY LMAO, what the fuck are they doing? How hard can it be to sell beer especially in the last couple of years now that beer has become a huge meme among millenials and zoomers and you can sell your regular pisswater for a 300% markup by just slapping on a new label with some tattoo-inspired artwork and some buzzword like IPA IPO PIPI POOPOO craft beer.
I am actually outraged that some retard is being paid six figures to needlessly drive this company into the ground while I am here wageslaving.

TAP is at/below preCOVID lows
Who likes beer?

Honest question. Is it a bad idea to get into JNUG and just let it ride for a little while? I know about slippage but I’m talking a couple months, not years. Eventually would rebalance into miner stocks.

Anyone else averaging into TAP? It’s at it’s March ‘rona lows and if anything most people I know have been drinking more lately.
Inb4 >consoomer defensive