I would not be surprised if Red Robbin is taken private.
They will have to vote on the poison pill next Q by then this baby will be under 20 with the market correction looming in the summer.
As I have said private equity is looking at this and with the earnings and the cash this company generates it is a no brainer. GL if you are short...BTW they do make great burgers!
I say let them buy this overpriced burger joint. I can get a burger anywhere, why go to Red Robin
Big McD's fan I guess.Of course you can also get a full dinner at Taco Bell for under $5 [if that's your budget, but it's not the same as going to Chevy's, right?]