*

Penny Stock DD

Shares of Cracker Barrel Old Country Store Inc (CBRL.O) jumped 8 percent on Tuesday, a day after it said veteran restaurant investor Sardar Biglari had taken a near 10 percent stake in the family dining chain, fuelling optimism that he could play a role in turning around the company’s sagging fortunes.

Biglari’s past of hostile takeovers and his success in turning around underperforming and undervalued restaurants means a takeover is very possible, Stifel Nicolaus analyst Steve West wrote in a note to clients.

Full article

Regards,

Don

More on this topic (What's this?)
Women Are Better Investor Than Men. What?!?!
On Becoming an Investor
Larry Fink: The Largest Investor In The World
Read more on Cracker Barrel Old Country Store Inc, Investor at Wikinvest

Leave a Reply

Performance Optimization WordPress Plugins by W3 EDGE