SHAK is approaching new lows because the IPO dupes and bubble chasers are finally realizing that far greater values exist in the restaurant sector; Biglari Holdings (BH) owns Steak N Shake along with 20% of Cracker Barrel. Got BH, baggies ?
a) life insurance sales temporarily stopped
b) Long term care rate increases in progress
c) housing prices stable to up for private mortgage insurance
d) why is the stock changes hands as if Genworth is on deaths door ?
Did you Ohio farm boys ever sell his Connecticut house you bought in order to bring all his talents to Columbus ? Or is it still on the books with 2006 basis as an impaired asset ?
Our team discounted the Free Cash Flow of the US Ten Year Treasury rate = $104.71.
Massive increases in central banks 'balance sheets' and sovereign debt loads.
The disconnect is obvious.....gold had to rise.
Ackman wouldn't climb into the Titanic. VRX has viable prospects ?
what next for you dolts.....loans on 1990s cars ?
Ackman was right all along!
....to drive price of stock into the dirt, then scoop up shares?
$30 billion in debt is not due next week, it's called Long Term Debt.
Another wave of terrifying toe nail fungus will be on you chaps!
Yeah....let the 20 somethings run the ship into the shoals. Notice Iran says 'leave us alone' ? That is code for.....we will pump and supply at will. Double dip oil crash will not spare Enron Oil & Gas!
Look on the bright side Danny.....you duped investors via IPO, and now you actually HAVE a PE ratio.
BH has over 500 Steak N Shake locations with a micro market cap.
You understand market capitalization, right ? Like the dupes that paid $90+ per SHAK share ?!
Central bankers are now out of ammo using low interest rates to Keynesian pump the economy. QE has failed in Japan and Europe. Negative interest rates make gold all the more attractive.
Hi shorty ! Failed to cover under $10, eh dolts?!
You know the bottom is close when the short skunks send in the worst spellers. Try SEQUOIA fund, shoe shine!
BH owns 20% of Cracker Barrel which is including in above holdings.
With BH you get an insurance company and Maxim magazine for essentially free.
SHAK is still, after the plunge, one of the most grotesque burger and wine bubbles on the planet.
since then VRX lost 90% market cap. Can you spell parallels ?