I reduced my HABT position and will keep limit orders in place to make it a small part of my future. Fuck being emotionally attached to a company that spits in the face of its after-market shareholders. There are too many great companies out there to get hung up on a concept or a single name. Regrettably, I’d love to have sold at $36; but it wasn’t in the cards for me. I had no way of knowing they’d pull this shit, so I am dealing with the situation with fresh facts on the ground.
With some of my cash, I started a position in GRUB. With GRUB, you have several things working in your favor.
1. They are the Uber of food delivery.
GRUB doesn’t just add restaurants to their app. They employ a fleet of drivers and physically deliver the food to your fat, fucking, mouths. They take 10% of sales from participating customers.
2. The price of gasoline is going lower. I hate oil stocks here and feel the price of crude is about to take another leg lower. Being in the business of driving cars about town, cheaper gasoline is a direct benefit to GRUB, just like it is for PZZA and DPZ.
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fucking HABT!!
Might work
good thing you have those subscription fees coming in
a great masked man once said, “if you’re good at something, never do it for free”
I like this move, and screw the people who were ragging on you for changing your mind here. Facts change, outlook should be reassessed. Only habitual losers of coin think otherwise.
zuul – spot on. Ive said it before, but the ability to change his mind is one of The Fly’s greatest strengths. It’s truly easier said than done.
Had that GRUB at 33 in November. Sold. Again – buy what I sell.
For 5% more will GRUB pre chew food and hand feed me?
Lolz.
SHAK owners pulled $20m out of the thing at IPO – they didn’t even wait for a pop to sell into.
Muppetry all around – at least the Fly had the prunes to back down from his dickhead calls.
I’m in the long grass waiting for jungle music and the return of the Fazmobile
SHAK is still kicking ass. It’s like a burger joint for the hip. I believe in the story, not sure about the valuation.
HABT ual offender
I truly believe ( extra ghetto John Kerry ) it be dis here day fo AMRN LOCO P GWPH ANAC u DIG me ?
A conciliatory tune for those hamburgled: http://youtu.be/_m_ee-Yydcc
The nice thing about MCD is those shares are not controlled by gangsters.
Saw a commercial on teevee the other day for this GRUB.
The restaurant delivery thing has been around since at least the early 1970’s when I was in college.
They come and go.
I believe one called Steak-out has lasted the longest but I can’t see how they make any serious $$ as they deliver from “lower” level places.
I eat fast casual lunches 4-5 times a week, and tried Habit for the first time on Monday (Sunnyvale location). Prices were decent but I thought it was no better than stake and shake. Was greasy and I felt pretty lousy afterwards as well. This would not be in my regular rotation back home where 5 guys, lark burger, smash burger all put out a superior product.
Here’s advice when you become an old, old man (extra homo), I just purchased my 8th CD and am constructing a second parallel CD ladder. Just like in “The Green Mile”, my balls feel like I’m passing razor blades when I’m in the market.
Aren’t CDs those things that yield 0.0001%?