Wednesday, February 14, 2007

 

Position Updates: BWLD

Via Briefing:

Downgrades: Piper Jaffray downgrades Buffalo Wild Wings (BWLD 47.69) to Market Perform from Outperform and lowers their tgt to $49 from $61, as they expect same-store sales to moderate given the difficult y/y comparisons while chicken wing prices are increasing at a double-digit rate and this pressure is expected to impact restaurant profit margin by at least as much as 140 bps on an annual basis.

# posted by Broker A @ 8:45 AM
Comments:
Watching the stealth rally in gold this morning. When CNBC features gold as a story then the rally is over.
# posted by Blogger TraderCaddy : 8:59 AM
 
This fucking BWLD is the suicide bomber of stocks.

Mother Fucker!
# posted by Blogger Broker A : 9:01 AM
 
A week long gang rape on Wings. Wonder what Sally Smith did to the analysts? Only hope left is that it's the perverbial blowout earnings tomorrow AND Sally announces new corporate name - "Buffalo Wild Ribs & Also Some Of Those Wing Things".
# posted by Anonymous Anonymous : 9:44 AM
 
Wing lovers can track spot chicken wing prices at the site below.

http://agr.georgia.gov/00/article/0,2086,38902732_39653527_41210372,00.html
# posted by Blogger MaggotAtBroad&Wall : 10:25 AM
 
Post a Comment



<< Home

This page is powered by Blogger. Isn't yours?

 Subscribe in a reader

DISCLAIMER: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.