Restaurants: Is a Correction Coming? [View article]
Hey granger,
It looks like I was ahead of the curve a little bit, which is ok by me...with CMG reporting tonight blowing away EPS estimates (based on higher prices and tighter cost controls, NOT higher traffic numbers!), and other restaurant stocks are all rising in kind, as shorts I believe are covering their butts just in case.
I still think we are due for a sharp pullback, we'll see!
Restaurant Stocks: More Downside to Come [View article]
chris
Restaurants: Is a Correction Coming? [View article]
It looks like I was ahead of the curve a little bit, which is ok by me...with CMG reporting tonight blowing away EPS estimates (based on higher prices and tighter cost controls, NOT higher traffic numbers!), and other restaurant stocks are all rising in kind, as shorts I believe are covering their butts just in case.
I still think we are due for a sharp pullback, we'll see!
Chris