Despite the recession, people in America are still stuffing their fat faces in record fashion. From apples to zucchini, this country is chockful of languid burger biters, who’d rather frequent their local artery clogging fast food chain than a treadmill.
I have invested in many names, in numerous industries, over the past 6 months. However, ever since receiving a “summer beatdown,” a few years back, long NutriSystem Inc. [[NTRI]] , “The Fly” has not invested alongside upright walking pigs, who regularly ask for “MORE BREAD” at their favorite eatery. Nonetheless, with the economy ROARING BACK (ROFL!), I have decided to burden myself by investing in America’s heart attack production facilities aka restaurants.
My top 5 restaurant stocks are:
Chipotle Mexican Grill, Inc. [[CMG]] Buffalo Wild Wings [[BWLD]] [[MCD]] Panera Bread Company [[PNRA]] Tim Hortons Inc. (USA) [[THI]]
Going with that theme, considering the Kraft Foods Inc. [[KFT]] for Cadbury plc (ADR) [[CBY]] bid, I like Hansen Natural Corporation [[HANS]] and Dr Pepper Snapple Group Inc. [[DPS]] .
My long-shot picks are [[JSDA]] , [[RUTH]] and The Pantry, Inc. [[PTRY]]
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fig
What the hell is a “treadmill?”
Fly – Any thoughts on today’s market action?
wake me when anything exciting happens.
FTK is up over 6%, is that exciting enough? Seriously though, I’ve got a funny feeling about this market, and I’m not sure if it’s good or bad. That seldom happens, so I’m not sure if I’ve just lost my sense of the market (which is OK), or if sonething big (as is UP) or bad (as in collapse) will happen.
Yogi
Stop fretting./ Nothing has changed. The market will ebb and flow but tend towards the direction of least resistance over time and the direction of least resistance is up seeing global liquidity has never been so high.
Then it must be lack of sleep induced anxiety. I guess I’ll feel better once we break through $SPX 1039. I agree 100% that nothing has changed fundamentally.
Greetings Fly,
I did’nt you know you shared a passion for NTRI with me. Man that bitch has been cruel to me …
Other long shot – JMBA
Also, CMG actually has pretty good quality (Semi healthy) food for a change as long as you dont get an extra helping of guac and sour.
-Polar bear
FLY (GBX) a railroad stock good insider buying reported a profit last quarter and has pulled back and ripe for picking. hero breaks 5 buck before the end of week, good pick FLY on that one. I like them both because of the huge upside potenial.
FTK!!
Indeud
Fly, is that you moving your clients money into FTK? 😀
-Polar bear
Big Food may have a run at it…….but essentially it will be worked over in the next 10 years…..ala Tobacco 1990’s.
But until then enjoy your chili cheese fries with bacon. Fat on Fat on Salt on Sugar on Fat
I’m still in very good shape. Good enough to strap ’em on for the Mud Dogs again. I’m always half amazed and half appalled at the huge portion sizes served up in American restaurants. Went to the Native New Yorker for my birthday for some blue collar fare and didn’t even come close to finishing everything on my plate. There were enough calories in my meal to feed a Cambodian orphanage for a week.
Knight watchman
Timmy has piece telling his readers how there are no bears left except him and that eventually he’ll make a pile of cash (of course). He calls it an eerie quiet and that no one (except him of course) understands just how bearish things really are out there.
To himself entrench his bearish view and tell himself how good he is, he went back to two trading movies he did where he discusses himself and how good he is… Tim’s Tome and Tim’s Tome No.2. LOL
He then goes on about how the country is ratshit and how this time around it won’t be able to avoid paying for its sins. It seems the fucker really wants the place to fall in a heap so he can make some money. I have no issue with people reading markets like that; however hoping the country fries is another thing. That belongs in Devil Dog’s coffin.
Proving he has the understanding of fundamentals at about equal level to a 3 grader he then talks about mortgage resets.
Obviously Tim’s most egregious trading error is certainly the huge bias he carries around with him, trading what he thinks instead of what he sees. Self reinforcing his bias with his equally inept coherts is only going to cause him more pain down the road.
I for one would love to see this train wreck come to an it’s fruition. Normally I’d feel bad for the guy but his misplaced arrogance is due for a serious beating.
Whoever nicknamed it slope for dopes got it so right.
Almost forgot, fid.
Tim’s most egregious error is that he thinks he is funny and entertaining, we have no idea if he can trade because he does everything humanly possible to cover his tracks. Entries are only reported once it’s moved in his favor at least 5% and exits are unheard of.
I wish parking meters were TIM’d, so that they would be coinless too.
Tim Horton’s is blue collar crack in Canada. I say blue collar because all the yuppies are busy getting Starbucks between eyebrow waxes and frosting their fucking tips.
Unfortunately they’ve completely saturated the market here. So far no traction in the US despite trying very hard.
It is very much so blue collar crack here. You will never enter a empty Tim Horton’s here in Canada (okay maybe at 3:00am but it’s still unlikely).
The flip side of this trade is biotech, particularly in the obesity and diabetes businesses. The political headwinds are in favor of funding/approving anything that promises to “solve the obesity crisis”, and will only get stronger as the government starts to eat some of the costs of health care. The public doesn’t want to diet or exercise – but if you can come up with a pill that actually works, we’ll be gobbling them down like a nation of 300,000,000 Pac-Man addicts.
Disclosure: On the weight loss side, long ARNA (Phase 3 results due out Real Soon Now, position partially hedged by selling the egregious implied volatility in the October calls), OREX (Phase 3 results out a while ago, should never have sold this one, bought back in today), today’s monster VVUS (Great Phase 3 results came out today; position is now hedged with calls written against it). On the diabetes side, long MNKD (inhalable insulin, buyout rumors), and AMLN (because gila monster spit!)
Brilliant Fly!! You’ve done it again!
Damn your brilliance to hell and back!
As an aside BDCO looks like it might go. When I say might go I mean triple in a week or two.
keep it small $2000 say.
Henry:
Are you downsizing? BDCO has a market cap of $11.5 million. Dude even 2000 could be too big. LoL
This is true. make $1000
I don’t know JACK about restaurant stocks, although, ironically, I live in one of the publicly traded restaurant capitals of the US (PZZA, YUM, TXRH, plus Chi-Chi’s was started here as well as a number of other brands).
I do know that JACK owns Q-doba, which is some good sheeit, Mexacalically speaking.
_____
MMMM Donuts. KKD
LMAO @ Barrons
gosh-a-mighty this shit is boring……
If you took one of your $100k prizes and divvied it up among the 18 stox in fly’s previous post, you’d be up $22k…les bon temps roulez
first off jack is the only fast food place i like to go to, breakfast all day, how can you beat that
but to switch topics a little, what do people think of orex, a big vol bar,
I’ll have the Gigantor Surf & Turf Special, with the 64oz steak, medium,
the mutant 4 lb. Alaskan lobster, with extra butter;
the Shotput Baked Potato with extra butter, extra sour cream and gravy;
with sides of a large French Fries and
pasta and
extra Bread.
Oh, and can I have a zero-calorie Diet Coke please?