I've been saying the same things for awhile now.http://community.investopedia.com/news/IA/2008/All_Sizzle_No_Steak_At_Ruby_Tuesday_RT.aspx?partner=YahooSA
There's a bunch of shorts in the market... a reversal like today in the indicies, treasuries, and oil... could cause a hell of a last hour.
The trend is still down. Yes, rt could rally 10% or so, but that's ok. Eventually the buying will stop, and then what? There's nothing propelling this stock. I also expect a bunch of downgrades for the sector, which will hurt RT.
just shorted 2k at 6.62I like to change my mind twice a day.
Good article, I went short.
I was thinking it was more of a herd mentality that held those positions... As to the stock, it's like Prego... it's in there.