I never quite understood why some of you disliked HABT. I guess it’s because you didn’t like the buns, or maybe the catsup. Too many carbs for your liking. The idea of selling short HABT is treacherous to me, on a multitude of levels.
For one, considering the demographic HABT is catering to, it’s literally impossible for this business to fail, long term. They’d have to be supreme idiots to not make selling fatty meat to Americans a successful venture. The core of the HABT story, as well as SHAK, is the vanguard assault on the catamites who sell rubber hand-burgers: MCD. They are part of a cadre of higher end hamburger chains that were built for the sole purpose of deposing the old guard, both Burgered King and McDonald’s.
Now listen to me closely. It’s never a good idea to suggest someone “sell short HABT” if and when it breaches a magical price level. People, this is a real business in a very real and hungry world. Like a quality Bordeaux, some ideas take time to ripen and develop into something special. This, my distinguished guests from the internets, is exactly that.
Aside from my renewed confidence in HABT, I am boolish as hell on QIWI, YNDX and NDRM here. The only move I’ve made, as of today, is sell out of the remainder of my WRE position. I feel rates will climb. Therefore, REITs will suffer.