August 21, 2007
– Comments (1)
Here's what Dave had to say.
Of course, he's just some former GE rocket scientist who makes graphs over breakfast and can spot squandered capital like a hawk finds a field mouse, or Rosie finds a donut.
Of course, Dave's conclusion is:
So what's a Fool to do? I say, keep it high on the watch list, and run some different scenarios for changes in ROIC. That's the best way to see whether Red Robin, at these levels, is a value or a value trap. I'm leaning toward "value" right now, but the data isn't overwhelming just yet.
That doesn't read like "why RRGB is a mistake" to me.