Food is irrelevant.
And another raised target without fanfare, by the way.
A. First takeout elsewhere in the group, SONC goes to the head of the pack on the "possibles" lists once more, with Biglari perhaps being the potential buyer again. At least that's the way I think it's been performing.
B. Technicians thought it would do it last time. But this time for sure: Break of resistance at, what is it now, 11.04? something like that? I think it makes new highs easily.
C. Re actual company, as opposed to stock, thingies: Either corporate has to open a few kitschy all-American flagship stores in various Chinese cities, or a new franchisee should step in and do it.
Stock will SOAR on the very first PR about it. That may, in fact, be exactly what Mr. Biglari was thinking.