Why ? BH stock should have moved up with the large CBRL move in the last year, but didn't. The upside wasn't parallel, so why suddenly does it work on the downside ? Besides, CBRL 'management' has a lot of work to do to comply with BH recommendations, otherwise, other activist investors will be paying visits to Lebanon, Tennessee.
doubt you are going to see a lot of activist show up in stock that is up 70+% this year and that has delivered a 45% annualized return over the past 5yrs. especially at a TTM P/E of 21.6x for a restaurant.