Cheesecake Factory Inc. (CAKE)
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CAKE Forum Topics
- All Comments on CAKE
- General Discussion on CAKE
- U.S. Consumers Could Feel Heat from Higher Fuel Costs [view article]
- Tuesday Options Update: UNG, WYE, XLF, GE, AAPL, MRVL, FNM, MCRS, CLNE, CAKE, [view article]
- Raw Data Report: Cheesecake Factory, Cosi, and Olive Garden [view article]
- Time To Start Nibbling at Restaurants? [view article]
- Restaurants Hit Hard Times as Two File for Bankruptcy [view article]
- The Cheesecake Factory F2Q08 (Qtr End 7/1/08) Earnings Call Transcript [view article]
- 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]
loading ...Recent CAKE Articles
- U.S. Consumers Could Feel Heat from Higher Fuel Costs
- Tuesday Options Update: UNG, WYE, XLF, GE, AAPL, MRVL, FNM, MCRS, CLNE, CAKE,
- Raw Data Report: Cheesecake Factory, Cosi, and Olive Garden
- Time To Start Nibbling at Restaurants?
- Restaurants Hit Hard Times as Two File for Bankruptcy
- Earnings Preview: The Cheesecake Factory
- 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
- Full List of Articles »
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The 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
Short Interest at Record Levels [view article]
SEARS IS FINISHED AS IS LAMPERT.HE MADE MONEY WHEN EVERYONE WAS MAKING MONEY IN THE MARKET EVEN MY GRANDMOTHER.
HIS BOY FRIEND CRAMER QUIT COMPLETELY.
''LOSE MONEY'' WITH JIM CRAMER Reply
Wall Street Breakfast: Must-Know News [view article]
MSFT is a old dog with alot of cash and not knowing what to do with it ReplyWall Street Breakfast: Must-Know News [view article]
Msft must get into some serious bussiness with solar energy.It has the resources of more than 30 countries and could use some of that capital to make a real impact on world use of fossil fuels.As far as getting involved in the internet again:They want to pay all those lawyers and money to the europeans for daring undercut the statis be?The socialist(closet commies)will never agree to Msft competing on their markets.Just see how BA has been treated in comparison to Airbus.I think msft is only thinking how they will get a foothold in china.Forgetaboutit!Ch... isn't worth it and if you got any technology that they can steal they will and not give you squat for it.Goodday. Replywatcher
Wall Street Breakfast: Must-Know News [view article]
MSFT should walk away at this point. YHOO declines in value each passing day and is it really worth the grief to try and integrate such differing cultures especially when their is so much animosity at YHOO.MSFT would be much better served by walking away and instead making TWX and offer for AOL instead. That would be a win/win. MSFT gets the foothold it is looking for and Time Warner gets to unload a boat anchor that has been dragging on it's performance and valuation.
Honestly I don't understand why MSFT does not try to partner with a cable company or make a bid for a satellite company like DISH. There might be antitrust issues but, imagine the impact on say an MSFT, AOL, DISH combination on Google.
Regardless at this point the bid for YHOO is just a used wipe who's time has come to be flushed.........
What would be my bets on this? I'm thinking May $25 Put's against YHOO and May $32 calls for MSFT. Reply
Short Interest at Record Levels [view article]
Re CALM: I also have read about it (see Marketwatch listed articles), including one guy saying it will be "the mother of all short squeezes." Certainly seems like it should -- but it's been dropping, and fast -- WHY?! Help! Need to understand.Gaucho: What is the average short price now? % short? And time to cover? Surely not still $8, and I'm afraid they will cover before it has to go it.
Disclosure: Long on CALM. Don't want to lose money on it. Am off to check on shortsqueeze.com, but first:
Trading Goddess: Nope; sorry! 1) Can't afford that for shoes. 2) Don't like them. (Why? Because I said so! So there!) Reply
Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
Ruby Tuesday didn't violate their debt covenants. Go back to the Q2 earnings call. They were "At risk of violating their debt covenants". Two completely different things.They did however rework those covenants with their lenders afterwards to minimize the risk of them violating them in the future. Reply
Casual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
I dislike the casual dining stocks now. That is the first area that will get hammered when people cut back spending. The public might be stupid but they can't be so dumb to put that steak dinner on the credit card and pay for it over the next 20 years. ReplyCasual Dining Sector Offers Up Compelling Plays Like Ruby Tuesday [view article]
I wouldn't read anything sinister into the comment. I would take it at face value - they are talking to the banks who are probably wanting a larger spread when they roll the loan given the risk situation. Reply