LTValueguy

Western Sizzlin's Secretive Quarter

I do not agree with your post... check your facts. Biglari has issued letters no earlier than late May or early June. Furthermore, he has purchased more SNS at a better price as well as assembled more shares for the block to take out SNS managment. Finally, the WEST loss is directly attributed to the mark to market on the SNS loss. This is a deal for long term players, the shorts will be net losers.