Some on this board, one woman in particular, just never seem to get it. She is a "type" that speculates in oil and the Netflix kind of situation. Tell the truth? What's truth to someone like this.
My position on JACK has been crystal clear for a long time. I am in at 18.00 a share with the expected return of well over 50% (long term holding) with a revival in the economy or either a sale of the company or spinoff of Qdoba.
I can afford to wait it out, but preservation of capital is key to my way of thinking. In the meantime I have done quite well in both Chipotle and Apple, my two favorite stocks by the way to make a troika when including our beloved JACK. I referred everybody to those other boards for my take on each situation, and the returns (selling puts) have been outstanding.
Listen to a seasoned pro with the capital to back him up, rather than to a speculator who only fantasizes about oil futures and stocks. I sense this quite clearly from the tone of her posts.
Agreed but it is still perplexing as to how CMG can do so well (in the market) and JACK just doesn't seem to find a way to monetize its Qdoba franchise. Not saying Qdoba is as good as CMG or as valuable, but it is certainly worth lots more than the marketplace seems to be valuing it. Ultimately, it might well be worth more than the entire JACK fast food component. The question is...how does that value get realized?
I think Qdoba is better than CMG. At least to my taste. Seems like JACK should just make an announcement they are turning all of the Jack in the Box stores into Qdoba. That would get some reaction. Seriously though, Qdoba is a gold mine, if they could just shed the J in le Box side of things it would be huge.