CAKE Forum Topics
- All Comments on CAKE
- General Discussion on CAKE
- Will the Economy Take a Bite Out of Cheesecake Factory? [view article]
- Options Trader: Wednesday Outlook [view article]
- The Cheesecake Factory: Have Your Cake and Eat It Too [view article]
- Short Interest at Record Levels [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
- Raw Data Report: Family Restaurants [view article]
- Fast Money Recap: 3/26/08: Oil is Well [view article]
- This Week's IPOs (BIER, GOLF, HWCC, VRGY, VSE, SNCR, VOLC) [view article]
- The Cheesecake Factory: Still the Best of Breed [view article]
- 10 Stocks That Should Shine In The Next 12 Months [view article]
loading ...Recent CAKE Articles
- Will the Economy Take a Bite Out of Cheesecake Factory?
- Options Trader: Wednesday Outlook
- The Cheesecake Factory: Have Your Cake and Eat It Too
- Raw Data Report: Cheesecake Factory, Western Sizzlin
- Wall Street Breakfast: Must-Know News
- Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday
- Short Interest at Record Levels
- Raw Data Report: Family Restaurants
- A Delicious Look at the Cheesecake Factory
- Cheesecake Factory Jumps on News of Peltz Stake
- Full List of Articles »
Will the Economy Take a Bite Out of Cheesecake Factory? [view article]
I am debting on buying CAKE. The reason I am thinking of it is that I travel a lot and have yet to be at a CAKE in the last 4 years that was not crowded. They have a very sucessfull formula. ReplyWill the Economy Take a Bite Out of Cheesecake Factory? [view article]
All good points. However, it appears that the author seems to forget that CAKE's customers tend to be much less price sensitive than the average restaurant client. An extra couple of bucks for gas is not going to deter them, nor are small increases in menu prices. In addition, eating at CAKE is an event in itself and is a destination for celebrating special days. This is one of those stocks that will bounce back rapidly when food costs and the economy improve. Disclosure: I own shares of CAKE. ReplyWill the Economy Take a Bite Out of Cheesecake Factory? [view article]
Gratuitous unneeded advice. He can't seem to make up his mind about whether or not the customer will go for a great value and good food at CAKE or opt for nothing at all. Restaurants are discretionary, sure, but if you have a choice and want to go out, CAKE is the preferred choice. The others will suffer much more than CAKE. ReplyOptions Trader: Wednesday Outlook [view article]
CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE Code-067651FUTURES ONLY POSITIONS AS OF 06/17/08 |
----------------------... NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
----------------------...
LONG | SHORT |SPREADS | LONG | SHORT | LONG | SHORT | LONG | SHORT
----------------------...
(CONTRACTS OF 1,000 BARRELS) OPEN INTEREST: 1,335,207
COMMITMENTS
203,806 191,094 219,645 825,031 823,129 1248482 1233868 86,725 101,339
CHANGES FROM 06/10/08 (CHANGE IN OPEN INTEREST: -83,542)
-14,678 -2,144 -25,976 -57,714 -73,551 -98,368 -101,671 14,826 18,129
PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
15.3 14.3 16.5 61.8 61.6 93.5 92.4 6.5 7.6
NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS: 320)
85 121 126 85 100 256 270
Hey jjason moron read above. from CFTC. Yeah speculators are long a whopping 12,000 contracts. You know how many they were long when oil was at $78 last august? 110,000 contracts. So the price went up 80% and the number of net long contracts fell by 90%. How my ***you are a genius...There is a positive correaltion. Lets stop the presses. Jmoron with Phil Moron has discovered the damn truth. Reply
Options Trader: Wednesday Outlook [view article]
Phil, I have posted the following links that do not seem to get anyone's attention:www.star-telegram.com/...
and
www.commerce.senate.go...
Your article on "paper oil" has also not sparked any efforts by Senators like Durbin, Collins, Lieberman and others in Congress to properly address Professor Michael Greenberger's testimony on June 3,2008.
I am appalled at the number of posters on SeekingAlpha who either 1. don't understand how the US consumer is being cheated by oil futures traders and speculators or 2. don't want to do anything about it.
If the US Congress and President Bush would increase margin requirements on commodity traders to 50% and require buyers to take delivery of the commodity it would help bring prices down.
The current policies do not help our country deal with OPEC, I-Banks and others who are speculating in commodity futures trading.
Finally, if your opinion is correct that big oil companies are not drilling on the leases they own in the Gulf of Mexico, then Congress should take the leases away and bring in other firms to drill for more oil and gas. Reply
Options Trader: Wednesday Outlook [view article]
Finally a bank comes out to state what most of us bears already know about where these bloated markets should be trading at.The entire world has neglected true inflation rates. It's time for these markets to come back to reality - back to real, sustainable growth - and not paper growth. Reply
The Cheesecake Factory: Have Your Cake and Eat It Too [view article]
Thanks for the article. By the way, it's 'Eat your cake and have it too.' ReplyThe Cheesecake Factory: Have Your Cake and Eat It Too [view article]
Don't even know where to begin -- when oil is $5/gallon -- I can't imagine sitting down and paying 10 bucks for a piece of cake and coffee. 18x earnings? Try 10x and earnings will likely be lowered for years. No thanks. ReplyThe Cheesecake Factory: Have Your Cake and Eat It Too [view article]
I liked it then and I'm buying more now. Replyng
The Cheesecake Factory: Have Your Cake and Eat It Too [view article]
Paul do you wish you wouldnt have recommended this on another website Cheesecake Factory [NDQ:CAKE] October 16, 2007 close: $23.23Despite high gas prices and a weak retail environment Cheesecake Factory is likely to post record earnigns of around $1.12 this year versus EPS of $1.02 in 2006. The current concensus estimate for 2008 is now for earnings to hit an all-time record $1.33 on over $1.7 billion in sales.
Or do you think it was still wise to recommend this last fall? Reply
The Cheesecake Factory: Have Your Cake and Eat It Too [view article]
If you understood my posting you'd see that the combination play works even if the shares stay flat or even go down a bit.That cushion negates much of the 'headwinds' and , in my view, the extremely low valuation of the company more than offsets any macro-economic negatives.
You are free to disagree. Don't buy if you think something else looks better.
I rarely, if ever, buy options. I want time decay to be working for me, not against me.
Reply
The Cheesecake Factory: Have Your Cake and Eat It Too [view article]
Tell me Paul; is there a restaurant chain you don't like this strategy for? If I were as bullish as you are - and have been - on these stocks, I wouldn't bother with it; I'd just buy calls. Of course, I'd also have lost every dollar invested, which suggests that bullishness isn't justified. Someday you'll be right but it might be 50 years before these stocks regain the valuations they had when you first started pumping them. Or never.The options strategy is not a bad one although as Moby points out writing naked puts ties up capital. Still, given the limited upside I have to be quite confident that the bottom is in and the company won't fail. Clearly you haven't done well on that score thus far. Might be a better play with a company like C that is for all practical purposes part of the federal government now. For example, buy C and write the 20 Jan'09 straddle, total cost $14.80. If the stock is lower than that you can bet all hell's broken loose so maybe pick up a GLD 100 call for $2.90 to complete the hedge. See, there, I'd feel pretty confident. CAKE ain't C though. Reply
The Cheesecake Factory: Have Your Cake and Eat It Too [view article]
At the current valuation CAKE has significant upside and little downside.The combo described reduces the break-even point even more.
If you don't like it, buy something else. Reply
The Cheesecake Factory: Have Your Cake and Eat It Too [view article]
You can only invest going forward.I love this stock from today's price point. Reply
The Cheesecake Factory: Have Your Cake and Eat It Too [view article]
First ... selling naked put options requires very high margin requirements, so this trade will tie up a lot of your available trading capital in most people's accounts for a long time (7 months) and option approval level.Second... if CAKE drops to say 10 for example, for whatever reason, you will lose $7k on the stock and $5k on the puts, roughly a 100% loss -- so its not quite as risk-free as you indicate.
But I did find the article and strategy interesting. I've developed a new credit and debit spread strategy service with limited risks on all trades. Check my website for further info.
Reply