#7 throw away to do list. wrote:on a macro scale look at the restaurant stocks, esp. ruth's chris RUTH. under a buck today. the stock was $18 when they bolted metairie. hows that workin out for you, RUTH?
Since Ruth is dead, ain't nothing much working out too well for her anymore.
But $1 down from $18, dang. I wonder what happened? Is that drop recent, as in due to the economy?
I read an article from Gourmet yesterday, about how the Michelan 3 star restaurants are going out of style and closing. Seems the restaurant fashion over there is going towards the casual bistros. Said something like 30%(?) of all French restaurants have gone bankrupt in the last year.
What other restaurant stocks did you notice?