(03-05-2020, 03:21 PM)stockguru Wrote:Something a long those lines Guru. Also You have a large older population that's still a large percentage of their business and will not go out if virus continues to increase. It will end at some point but the fear will still be there for some time. I love CBRL, in fact I go there weekly lol. Its not going to keep me away,. but for the older generation it will for now.(03-05-2020, 03:00 PM)fenders53 Wrote:Oil is a lot cheaper than CBRL. Oil is at a 20 year low. CBRL has more room to go down still. People have to drive to go food shopping, doctors ect. Eating out is not a necessity. Which is more and more people will be staying home to eat. But hey that's just my opinion lol(03-05-2020, 02:57 PM)fenders53 Wrote:Cuz people not driving anywhere need gas for their car? Talking out both sides of your mouth. I own plenty of oil and hope you are right with the XLE pick.(03-05-2020, 02:50 PM)stockguru Wrote:(03-05-2020, 02:41 PM)fenders53 Wrote: Nobody is going out to eat now? What makes you say that? It's a US based restaurant.
I think it's the fear of going out and catching something. I think that's why the coranavirus is going to keep people from going out to restaurants. Already you have people getting it in NY, NJ, TN, and others. More to come and more panic
I just bought XLE LOL. I figured why not its now at 2009 levels
Thread Rating:
What Did You Buy Today?
|
|
« Next Oldest | Next Newest »
|
Users browsing this thread: 46 Guest(s)