CAKE

yabz

yabz

Cheesecake factory took a beating yesterday.

The management blames the weather and there is a general downturn in restaurants.

Is this the start of a downtrend?
 
"Qu'ils mangent de la brioche",
"let them eat cake."
Marie Antoinette
"supposedly spoken by "a great princess" upon learning that the peasants had no bread"
 
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Haven't looked at it in awhile. Go figure.
I have been saying its a low $50's stock for the last 6 months when it was north of $60.
 
vanzandt said:
Haven't looked at it in awhile. Go figure.
I have been saying its a low $50's stock for the last 6 months when it was north of $60.
More...

Vanz, in your mind, replace the word "shrubbery" in this vid with "cheesecake", and you will know why they are falling.


(I like the laurels particularly).
 
Down here at $44 now.... hate to say it... but CAKE is a GREAT long play now.
Even when I said they were overvalued north of $60, I always gave em credit. No debt, decent divy, well run, stock buyback in place.... this selloff is WAY overdone. Get a piece below $45.
 
CAKE is a play on global warming. As temperatures rise people eat outdoors, which helps CAKE's patio sales.
 
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