He is on safe ground because he is not short anything.
You make a valid point, relative to a minuscule number of actual events. It is much like saying: last month I made 50 cents on $1000 revenue, but this this month I made 60 cents, yielding me a whopping 20% increase in profit.
Having pointed out your trite comparisons, if the truth really hurts, then the respective stock prices of both A and V are akin to two men jumping off a 20-story building at the same time, then looking at one another as they fall, vociferously declaring that the other is going to hit the ground first.
You seem like an intelligent, articulate person, so I know you will appreciate this correction: it is either "statistical analysis doesn't" or statistical analyses don't" - and you're welcome.
The Petty Police
You have a Strong Sell and you're asking?
Oh, and BTW - a message from the Petty Police - "Why this over 20?" is sufficient, and "anyone know?"
You is welcome...
You know you're not short. You get your thrills from trolling MBs, trying to look smart, but you really don't know what you're talking about.
"PE is way too high..." like you know what PEs should be.
"Flawed concept.." give him a seat on the BOD.
"I hope they expand..." So I can capitalize on my pretend short position. LOL
"Hey, people..." Oh... now that sounds presidential.
"...revert to the mean... " Herb Greenberg move over.
"17% haircut..." Where's my chair at CNBC?
"...solidified what I expected all along." CSI here I come.
Albert Drone: I am a pretentious troll - thank you for your attention.
You again? Gone tomorrow? You see, you are not only a troll, but you can't really leave. You are addicted to your delusional fantasies of holding some sort of power. Too funny - and pathetic.
You need to take an accounting course first on how to interpret a balance sheet, then learn a little something about the restaurant business so you don't look so ignorant. Food cost in the restaurant business is based on menu price, generally around 30% and it's pay as you go from revenues. Inventories are irrelevant in this industry because of the turnover of basic product - they are the most liquid factor and never a relevant number.
"...operating performance can only get worse as same store sales growth continues to slip..."
Yes, that's what generally happens when SSS slip, but what expertise do you offer to guarantee that? The lifestyle demographics of this country, irrespective of the health drive, remains heavily skewed to the fat theme and always will be, unfortunately.
"... better places to invest..."
I did have a small position, but my pain is manageable. If I don't believe in something, I sell and move on after complaining a little while.
But with NDLS, I am cost-averaging now to create a more formidable position because I believe, in time, NDLS will be trading way above 40. Dining stocks trade like this because of the small floats - boom or bust. I think NDLS will be on the bright side of that dynamic. Time will prove the tale.
As for treating you badly - I apologize, but if you reread your post, it engenders suspicion when simple logic is applied. The PE is not north of 100, and since we're using Yahoo, CMG's last PE was 64. When these companies reach maturation, then we can apply standard industry PEs of less than 20. CMG is 10 times bigger than NDLS, but it didn't start that way, and reached its current apex along a really bumpy ride for investors.
NDLS could make you rich over the next couple of years if you have to capital enough to accumulate a decent position.
"I just wish I had the time to get this out there before the it reported earnings."
Were you too busy in the operating theater for 30 days, or tied up in county jail? I see your smart guy can access Yahoo Finance ... now that's pretty darn smart
$5.00...? I'm glad you pointed out that you're not that smart guy.
The new average will be achieved over time - how can I know what that will be? Surely you must know that, as you apply your math with such acumen. However, I will buy in increments, which I will gladly share with you as I go.
First, post your statements showing your short trades and positions, then we'll go from there. Just leave the brokerage name in the header and redact your name along with your acct #. Let's see you do it. Until then, you are a troll.
I never said I am going to have a NEW average. I said I was going to start averaging tomorrow some time. And no you don't - you just want to hear yourself talk - you have no life - you live on a MB to satisfy what? How pitiful is that...?!
He is talking to himself - via me - because he knows that I know who he really is. I stated my case and stand by it - if I'm wrong, tell me why you're here. To satisfy your altruistic proclivity for all the stupid people you encounter? But then you call them names, so that can't be it. So what is it, apart from the lie of being a short?
Oh, I'm sorry, I didn't know you posted all your trades... But on second thought, I think I remember now - you were one of the few who managed to copy and paste his confirmation statements. Can you ever forgive me...? LOL But I can't find them - could you post them again?
If you are gone tomorrow, it will be and should be because you are embarrassed by the truth of who you are - and anything but a short.
I don't think so, but maybe 16/17 - I will be cost-averaging up or down until I have many thousands of shares.