BJ's Restaurants, Inc. (NASDAQ:BJRI)
CAPS Rating:
The Company engages in the ownership and operation of restaurants in the United States. Its restaurants are operated under the names BJ's Restaurant & Brewery, BJ's Pizza & Grill, and BJ's Restaurant & Brewhouse.
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When this stock gets between $ 20.00 & $ 20.50, it likes to go up. This is a great stock to short and to buy. The P/E is way to high. On any day the stock goes up by $ 1.45, it will go up the next day as well. Then short the stock. If this stock gets back up to $ 27.00 or $ 28.00. Be sure and short as well. If you look at the chart on this stock you can get a good idea how this stock works. Just remember the P/E is high and one day this stock will fall hard. Specially when it get arond $ 28.00.
This is a great concept, beer and food near major colleges, gee I wonder if that will work? Continues to repeat positive
earnings, keep on shorting, you are bound to get caught in a major run up of this stock that will hurt financially. Buy on the dips and hold for the long run.