CAKE

$63.37
Slowly but surely getting every penny back.

(Speaking to people who never post here but read these words).... Wait till the ER MotherF'rs.
Take your dates out next Monday Tuesday or Wednesday . Its all in the overhead.
Liquor sales and high priced tickets help... BUT THERE IS NO GROWTH. Even with new stores.
A PE of 12 cuts this bitch in half.
You'll see. Hey at least the chart's on your side.
 
When in doubt.... short The Cheesecake factory. $63.50
I hate this stock lol. POS
Of course after I hit "post", it'll climb to $64.50.
Elite Traders should short there.
 
The two main restaurants near me are usually pretty full on weekends and even on random weekend nights it is not dead. They are both part of shopping centers so plenty of traffic. You have to be careful making a generalization about a whole company based on your experience with one location or perhaps not one in their main profit centers. Just because you think the food or waitress suck means nothing for the stock and explains the losses shorting it.
 
El OchoCinco said:
The two main restaurants near me are usually pretty full on weekends and even on random weekend nights it is not dead. They are both part of shopping centers so plenty of traffic. You have to be careful making a generalization about a whole company based on your experience with one location or perhaps not one in their main profit centers. Just because you think the food or waitress suck means nothing for the stock and explains the losses shorting it.
More...
Its more than that though, thats just what I write. Actually some of the waitresses are nice.

Its the chart too. And macro factors. Minimum wages, increasing property taxes, increasing food prices, people staying at home more, healthcare, and an over-saturation of competition in that sector. They have a solid balance sheet to be sure, and they have exhibited steady growth over the last ten years. I just think next ER is gonna miss. I'm not married to the short lol. Just something to annoy people with whilst I watch screens.
$61.82 on the close today.
 
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