patience grasshopper. Do the math, then wait. This is as close as you can get to a monopoly in the U.S. Then, with enough shares, 3 mo in the Carribean looking the other way would easily pay for itself IMO. Maybe 6?
>>>>This is as close as you can get to a monopoly in the U.S.<<<
can you offer some supporting facts for this declarative?
if MIDD had anywhere near 80% of the US market, it would have revenue greater than GE? i would be thrilled if MIDD had 10% of the domestic market which is about $10B. My guess is that MIDD has about 3-5% of the US market, depending on % of international sales. that mmeans there are many, many competitors, though few pure plays like MIDD.
im a long time MIDD shareholder and love the company. except for some pricing power due to its brand, i have never thought of MIDD as having any monopoly power.