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P.F. Chang's China Bistro, Inc. Message Board

  • bearofbleecker bearofbleecker May 13, 2005 9:03 PM Flag

    etc.

    Well, yesterday Target said everything was rosey, but Walmart said otherwise. I think Walmart has the more sophisticated forecasting systems, so I chose to believe them. But PFCB looked strong, so I shorted CAKE and made a little money. Today (Friday)PFCB nosedived - apparently on the weak Consumer Confidence numbers - while the other restaurant stocks held up pretty well. Puzzling. Then, of course, the market at this point can't seem to choose a consistent theme.

 

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