Looks like a good time to buy - triple average volume- someone agrees
Looks like the usual over-reaction of the market. I am new to FRS so just guessing but it seems like over kill to me. Some might think it is worth less since they sold GC, some might think its worth more. Personally, I don't understand why they didn't keep more of the sale proceeds to expand more restaurants faster but guess that isn't their style.
Remember, what the market thinks a stock is worth at any given time may or may not be right. If you have done your due diligence and think it is a good buy, stick by your guns and just don't sell. If you were right in your valuation, eventually it will be reflected. Anyone here done any DD? I admit I didn't do much. Bought for the div - don't find too much info on the website.