Fly on WallStreet

broker, how do you like RACK going into the earning
 

No fucking way.

I have no idea what they will report. Too risky.
 

CAL or AMR or even UAUA not to mention 8 or 10 regionals are all better buys than Ol' Blue. So, no, won't follow you here.
 

John-

I do agree. However, its worth noting you should never follow me on trades.
 

Willie Nelson told me to buy some TXRH prior to earnings tonight. Do you think he was eating shrooms when he made that call?
 

Restaurants suck as trading vehicles and they really suck as investments unless you own the store or brokered the IPO.

But we'll let the Broker answer the question.
 

I disagree with Mr. Wheatcroft.

Restaurants rock, during their expansion phase, i.e. SBUX, BWLD, YUM, etc.

However, I have no clue on TXRH, but Willie knows best.
 

TXRH is a buy
 

SBUX is different I know SBUX, I trade SBUX, TXRH is no SBUX (LOL)
 

TXRH may do well.
 

Here's a good one for you - SAI - another defense stock just IPO'd a couple of weeks ago - came out at 17 and closing today at 20 and change. I'm hold a little position in it.
 

John-

You said SAI was a bad play, remember?

I like it too.
 

I like SAI also but worry about the DEMS.
 

No worry. They have to behave until the Presidential election in 2008.
 

No I didn't say it was bad I said something like it was another IPO for the purpose of being acquired by LMart or one of the other big defense stocks. I just happened to notice that it is advancing on a daily basis and as a trader I buy and sell momentum - that simple.

I wish you guys would knock it off regarding the Dems - they are not stupid and the defense business is big business in every state of the union. The only business that has to worry about Democrats are the lobbiests (lawyers) on K-street who have been screwing them over for years. Fact is the market does better under Democrats than under Republicans - and you can look it up. The economy will pick up major steam if the rethugs are thrown out of the house - that's a guarantee. The only reason most of them are there is because of social issues not economic - they long ago stopped being my Republican party - I give a shit less about social issues.
 

John,
The facts are under previous Democratic administrations less money was spent in the defense sector than whith Republican administrations. Facts not politics.
 

Doubt that can be proven - facts are funny things - are we talking 1966 dollars or 2006 dollars? - huge difference. Money for development or operations? Major difference. Speaking as someone who spent 20+ on active duty and another 20{ working for nearly all of the major defense contractors I can say without fear of contradiction in most polite society - I do not fear the Democrats and it has nothing to do with politics. The only ahole Democrat this country had in the past 100 years regarding defense was Jimmy Carter and he should have known better.
 

Hey, no politics on this blog.

I hate politicians. Stick to money.