but it isn't, because the Lebanon Tennessee management has failed to implement the Biglari plans.
Nearly 20% of this company is owned by BH. BH suggested to stop opening new marginal stores at such a high pace, and, to stop burning up cash on billboards and other advertising. If $2 gasoline didn't get this stock over $200....what will ? Guess what happens to this interstate feed trough when gasoline prices normalize at $3.50 per gallon some day ?
Economic data this morning indicates lame consumer spending,, and better yet, higher savings rate for 3 months in a row.
dolt_nacht is the worst.
So CDE prints a new multi-decade low today ?
When does this company stop giving away silver....shut down most operations....hoard cash... slash pay of the top 10 executives, and after a few quarters....start buying back the stock on the open market ?
Retail is toast, Christmas is cancelled, your entire 'merchandising' model is failing.
Welcome to the new world.... Macys......Amazon and Wal Mart keep eating your lunch!
wrist watches are toast, I told you patsies that several years ago.
The book value on this peddler is less than $18 per share....enjoy the elevator....down!
Natural gas prices are already written down....into the dirt....so to speak.
LP ? Why ? Who wants this inside an IRA....it's twice tax sheltered which makes it ridiculous to hold.