I sold my DDRX because I thought it couldn't possibly go any higher. Seemed like it had reached its peak and would politely step aside and let CBOU rise in its place. Instead, DDRX continues to go up, and CBOU is sagging. WTF?
I think CBOU will be around 7.25 and 7.50 by year's end. What I worry about is the morality of the IT team. Everyone I talked to agrees that Mike Larson uses fear and intimidation to keep his team intact. I don't understand how Karen allows it.
Agree short term. Q3 earnings should show great commercial sales growth and the market is waiting to find out how retail stores perform. What is currently bogging CBOU down, may also turn into a catalyst if management succeeds in turning the store sales / profitability around.