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OK, so on one hand we have decent earnings/revs for the q (nothing to write home about, but good, considering all the grief out there).
On the other hand, we definitely have lousy same-store sales comparisons. Traffic is down, and people are spending less per meal. No surprise. I say it's a toss-up. I don't think you're going to scare the longs or the shorts out. It's not a spec situation like a biotech nor is it a controversial "battleground" stock, so I don't think you can get a huge short squeeze off this report, and conversely, things are copasetic enough that I don't think anyone is going to dump bigtime. I think it boils down to a macroeconomic catalyst - either things really do get better and people begin eating out much more frequently...reigniting growth, or we fall into a double dip recession, and cost-cutting just won't "cut it". In the meantime, I don't think this stock is moving much in either direction, kind of like the last few months. Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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Flatliner
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olsokremind... | Not rated | 23-Oct-09 01:48 am | ||
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Agree. Wall Street is the beneficiary of Bernaake ...
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strongbuy06 | Rate it | 23-Oct-09 08:47 am | ||
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Yes, this was a gift to the longs to get out....
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datbehardwo... | Rate it | 23-Oct-09 09:52 am | ||
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This wasn't "a gift" for longs to get ou...
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slaughtered... | Rate it | 23-Oct-09 10:05 am | ||
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I don't see it going up or down significantly unle...
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slaughtered... | Rate it | 23-Oct-09 09:56 am | ||
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OTOH, if they can maintain these new efficien...
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whowants2be | Rate it | 23-Oct-09 11:15 am | ||
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It is interesting to see that CAKE is still holdin...
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slaughtered... | Rate it | 23-Oct-09 02:21 pm | ||
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Upgrade to buy (on weak comps???) ran the sto...
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datbehardwo... | Rate it | 24-Oct-09 10:29 am | ||
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Yeah but the consumer has been squeezed ...
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whowants2be | Rate it | 24-Oct-09 01:35 pm | ||
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Test...
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fortiemsrrr | Rate it | 5-Nov-09 10:59 pm | ||
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This stock is going down to the mid/lower tee...
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hal-2000@sb... | Rate it | 6-Nov-09 06:34 am |
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