Don't confuse what you think is good food with a good stock. Everyone i know goes to RRGB because they are not crowded and hunger paings call. They would rather eat at Outback (terrible stock Terrible managment) or BWLD (great stock great management) but they don't want to wait in line.
The stars and the menu may lie, but the numbers never do.
Just for giggles go to an Outback Steakhouse (No rules just poor managment) Great food then check the numbers. If a place like RRGB can't creat shareholder value by charging $8 or $9 for an anemic 6 oz. burger then they need to open a KKD franchise. (or is it too late? a BOSTON CHICKEN!)
I agree that food is great. However, I did not see this major drop coming. I had hoped for good earnings and a first ever stock split. My concern is that about half of the outstanding shares were traded Friday. Usually, the institutions do not bail out like that. Thus, I am staying away from buying now. It would be interesting to know how the banks, insurance companies, and mutual funds bailed out on this major drop.
I don't believe half the shares were traded. I believe the same shares were traded over and over. A person could have bought and sold 10 times with 1,000 shares making money or trade long and short many times over.