Thank you wallstp for a fine summary. Very refreshing to read an analytical treatment.
I just think there's some further damage to overcome technically. I agree that we'll go back over $400 longer term but the charts seem to imply 365 or lower before a serious turn. But maybe we'll shoot back up.
Hmmm. This was a disappointment. But we can see how news moves the PPS. That's hopeful. I think we just need to keep hold steady.
Radar? Where've you been? I've been missing your insights.
So this is what was formerly LEVY. Changed symbols recently. It is ready for the launch of Del Taco in place of the SPAC. Should consummate by early July. What's missing, I think, is analyst coverage and PR. Presentations are good and the last jump came on the news of first earnings call. But I don't think any real info hits the street until the deal is final. That's when launch becomes lunch. Or so I hope. I'm pretty loaded up on TACOW (which was LEVYW) - the 5 year warrants. Meanwhile look at the presentations at their site "levyacquisitioncorp". Take care.
I think LOCO is a step up from TACO in terms of food offerings but also far more expensive. I happen to like both but that's personal taste. Fact is that my family chooses TACO as their first pick for fast fresh food. By the way, I think the Double Del burger is very passable. But neither TACO nor LOCO will touch CMG. Completely different concept. But I would choose TACO and LOCO for my meal most often. CMG is a distant and expensive third. But their stock and business models are amazing.
Having said that, I'll be surprised (and disappointed) if TACO doesn't reach $20 by mid-July.
Agree (i.e., hope so too). Like you, I'm in the hold state. I have TACOW but given the 5 year expiration from the close, I feel fairly secure and am prepared for a longer wait as necessary. Good luck to us.
I think the run up to 17+ was a little emotional and we've been settling in to a reasonable correction. Volume today is 10% of average with half the day gone. I don't like this but I believe the actual close in June/July time frame will provide stimulus. There is still a sense of uncertainty.