Wonderful management always thinking of what the customers need and want. Like breakfast all day long! Love it!
Tell me who since you seem to know. Seems like they announced huge step up in distribution while others raise by a penny.
See how well it bounces back!
If I take my shares off the market the price has lower support for the day. Think about it. During buy backs the company always take shares support off the market so they don't have to compete against themselves. There's a difference in selling -removing shares support and just not putting in a bid on the shares I hold.
This is shake out and it could even be large CBRL investors taking shares off the market which always lowers the price so they can get more before dividend. They buy on announcement, sell the next day then repeat all the way till close to dividend then they lock in.
Bought 600 more shares, trying to get 400 more in the 142.88 range. Be glad to sit back and collect the $4.10 next time around.
Some understand good value, good service and a fair price. Not all young people are shiftless and lazy. My niece goes there for breakfast. Just graduated with a 4.0!
My niece wanted CBRL gift certificates for her graduation! Gave her $100.00 worth plus some cash for college. She told me all her friends love to go there for breakfast on Saturday morning before going to work.