He was on CNBC right after being an expert commentator on something he knew nothing about.
The CEO that resigned last week is a major concern. He was supposed to be the savior for DAVE's and was the reason the stock was where it was. DAVE is trading at 35x earnings and its same-store sales are negative and their franchisee's are not happy with the company. The stock isn't a good value until it gets into the low teens. Currently being run by a hedge fund manger and a board who has no restaurant operating experience.
That is the new marketing slogan they could use to promote the dual use proposition of restaurant through dinner, strip-club at night idea I have read about here for 2 years. I think it's a winner.
funny how one off all street broker dealer was touting this stock and ed's turnaround capabilities when the stock was trading above 30. in the land of the blind, everyone is blind. i would like to find a reason to put money behind this company but i'm wating til the option prices, i mean the common stock prices, get closer to fair value. right now, volatility is mispriced because i don't foresee any catalysts along the way, just spin stories.