Recent

% | $
Quotes you view appear here for quick access.

Panera Bread Company Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • freshbread4u freshbread4u Mar 1, 2003 11:37 AM Flag

    Greenberg on PNRA

    I have to agree with you about the Street.com being a contrary indicator. I also have to agree with you with regards to the Street.com being tied into certain hedge funds. In fact, I know that they were threatened with litigation over their recent actions concerning other securities.

    That being said, you cannot write off the possibility of the Panera concept getting tired. In truth, the concept does not have to get tired for the market to lose interest; it only has to be perceived as being in danger of getting tired. The slowing growth of the same store sales increases that risk exponentially.

    I guess I am singing the same tune as always. Panera is a very successful company which is still priced for outstanding (if no longer perfect) performance. This is no longer the no-brainer long that it used to be IMO. Strangely, I know that even you agree since you wrote the calls.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Just to be clear, I previously wrote the May 30 calls and bought them back for $1 ahead of earnings. I am looking to write calls again but would not do so until the stock goes up another 2-3 points. The May 30s can now be written for $1.35, but I expect to be able to get more. I recognize that war issues might trump fundamentals in the very short term but am prepared to wait if necessary. At this point the question has become is it being a contrarian to buy before the war or has that now become the consensus. Panera is not wholly removed from general market action.

      • 2 Replies to hotpanera2
      • Just to be clear, I previously wrote the May 30 calls and bought them back for $1 ahead of earnings. I am looking to write calls again but would not do so until the stock goes up another 2-3 points. The May 30s can now be written for
        ----------------------------------------

        blah blah blah

        for every buck you've made-you lost $3

        "what a deal"

        LOL

        BWAAAAAA HAAAAA

      • "I'm gonna sell another covered call!!!"

        "WEEEEEE""

        Why???

        thought this company was incredible!!

        soo when stock gets to $28.50
        they'll give you $2 !!! for the may 03's ! !

        WHOO HOO!! $2 Premium

        you got paid $2 to GIVE THE RIGHT
        to OWN this WONDERFULL company???

        You'll take $2 to Give up any UPSIDE
        over $30 ? ? ?

        what happens if it hit $40's
        are you GONNA feel STUPID for
        selling out THE RIGHTS to your
        stock ...the one you LOVED?
        then having to SIT on that stock
        for 3 months,Idle, while the Call
        buyer OWNS all your shares???

        he pays you $1.50 for the shares
        then sells them at $41.50 for
        a $10 profit on a $1.5 investment.

        on a stock you LOVED & LOVED
        AND PUMPED AND PUMPED

        gee what is it dude???

        Great grouth story?
        Going tho the moon

        or a sh*t stock that
        you should try to squeeze a few
        bucks out by dumping calls on
        some chump?

        because you know gonna be able to but'em
        cheaper later....

        wow-your credibility just went down the tubes

    • Another excellent post. Good luck to all.....

 
PNRA
219.305+0.785(+0.36%)2:02 PMEDT