I've held CHUX for a while now and just got back from a week's vacation to see that the price drop has been fairly steep, but there is no company related news that I can find. Is this just general market madness? Or is there something more substantial going on?
IMO it's a reaction to the craziness, plus maybe some profit-taking. Everything is in a nose dive, but CHUX has been a steady performer at other times when the general market was awful. Again, IMHO, their business practices are sound, and no matter what, people are going to eat out, and O'Charley's is positioned well, being a couple bucks under the other, similar restaurants. Don't know if the recent francise talk is stirring things up, but that's old news, and last week CHUX was around $25.Kathryn
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