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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.920-1.7%11:32 AM EST

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To: Labrador who wrote (4953)7/30/2018 10:07:41 AM
From: richardred  Read Replies (3) of 7242
 
I saw that. The stock is fading fast from the open. Lowered GAAP EPS Outlook most likely has something to do with it. I still like this company. It's a top ten holding for me and I still believe speculative appeal is high. I will continue to hold. IMO still a stock value when you compare it to Texas Roadhouse. The Casual Dining Space with a proven concept IMO will continue to be a bright spot for US companies in the group. Eventually There might be Robot burger flippers for the fast food group. However on special occasions most people still want a nice meal served to them by a attentive server.

P.S. I will continue to remember the former CEO of Darden saying. A lower gas price attracts more consumer to casual dining. Based on last years gas price. We have about 53 cents downward to go before a bigger benefit to the group.
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