Part of my once per month purchase program, I added to my HABT position. This is not a swing trade. This is a long term position based around the idea that the 14,000 MCD eateries in America will continue to get picked off by the likes of HABT, SHAK and other burger chains of their ilk.
I also added to my AAL position, further hedging my oil longs in SLCA, PACD, OXY and FMSA.
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You like Cosi?
No
my god these treasuries are shit. Had some bull spreads , thankfully I closed them out 2 weeks ago when they were deep ITM , but still bleeding cash from the 4 TMF calls I have. I think we’re more than halfway to the bottom of this selling . Treasures, unlike stocks, don;t go to zero.
Habit in Irvine, CA is jammed everyday.. McDonalds is relatively empty.. MCD is trying to compete by sprucing up their menu, adding brown tones on their menu .. patties overlapping the bun, its a total joke.. Do you want to try our new “quarter pounder beef”.. still tastes like cardboard. It seems like HABT is pegged to SHAK’s valuation at 1:2 ratio .. I think HABT beats in March and may start narrowing that ratio.
What the hell is wrong with this FMSA. All the other frackign plays have/are ripping. This just sits.
My favorite hamburger related pic: http://tosh.cc.com/blog/files/2012/04/drive-thru-arm.jpg
Fly, do you see oil making a new final low in Q2/Q3 (like Citi, MS, Wells, etc) or are you assuming that’s already in?
Did you make the pilgrimage to Fair Lawn to try one out?
Didn’t make it out. I talk a lot of shit.
FMSA will work. Be patient.
Oil is good until April. But there will be ranges.
That’s a long ride for a burger
One word…$SLCA !!!!!!!!!!!!!!!!!!!
Does this good market mean you are done whining for a while?