An Old Man Stock That Takes Little Blue Summer Ale Pills

I went long a starter position in SAM today, inside the 12631 Trading Service. SAM is on the defensive side in terms of being in the beverage sector, but is one of the better-looking long setups I see. Frankly, I do not mind holding a beverage stock here, given the dicey nature of the market. Earnings are out of the way, and the stock is a stealth low float/short squeeze play to boot. We know their Summer Ale is usually a blockbuster seller in the coming months, so it will be interesting to see if the markets goose the stock in front of that. Either way, this is the type of stock that is worth taking a stab at with my still-heavy cash position in my portfolio–Defensive, with surprising upside potential.

__________________________