but there does exist a thing called cheap stocks.
If Dennys can maintain $2 and change for a meaningful time then I'd say the bottom is in on this one that started with the $54 million dollar settlement with 6 black secret service agents.
We got some gamblers in the company after the positive buzz it received but what will be telling is how value is placed on it over the next few months.
I haven't bought yet but will definitely be looking at it. I came across a company called Western Sizzle from a site called Fat Pitch Financial and though it isn't exactly a charmer, the management seems quite able.
So if you want to get in on the restaurant biz then I'd go WEST and DENN.
My favorite places to eat, though, are Red Lobster and Olive Garden so maybe one day that stock will get to be ridiculously cheap so I can buy it, DRI. Or pare trade it with DIN, who is so up to its neck in debt I don't believe it will ever recover.
Long WEST DENN DRI Short DIN MCD (It was a sure thing when it was $15, not it is a suckers bet)
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