Looks like Goodie Partners/original owners, sold their initial one third of CHUY shares, when they went public last July. Just recently, they sold their second third, but now still own 33%+. Why would they still own any remaining shares after the lock up period ended several weeks ago? In selling off the second third, they gave up majority ownership, allowing for a potential buyout. Maybe Darden or some other resturant group buys this company out at a much higher price. Chuy has 1000+ location potential, with the right backing. Chuy's would be growth on the cheap for any the major player. Everybody wins !!!
...........I like you insight into CHUY.......bought after reviewing chart @IBD.I live in the northeast and we're starving for this type of restaurant chain..........i'm still smarting from doing a Peter Lynch visit to Chipolte,liking what I saw,buying the stock @$50 and selling after a double....wont get fooled again!!........apples and oranges comparison for sure but there's room for CHUY to grow...JMHO