RE:RE:RE:RE:RE:What's with the sudden drop at the end of day?The Grinch is in control and it isn't just EAT. There's a lot of negative energy stacking itself against the market as a whole. The market probably ran up more than it should have, whether it was Trump magic or not, is disputable. Higher interest rates, lots of conflicted opinion on his cage rattling with China and everybody else, basic uncertainty and the fact that the market as a whole has had a good long run to the goodside and greenrush stocks had a phenomenal run, so much so that the values got outlandish.
EAT got the run up on hype and speculation despite a lot of accomplishments announced that couldn't be proved. Rationality and due diligence prevailed and the that exceptional run up in shareprice was bound to come back to reality and the kneejerk drop on Friday was, imo, a double-whammy with a bear market announcing its presence and shareholders recognizing that the greenrush stocks got ahead of themselves.
The question shareholders are asking themselves right now is, has enough been done on this stock that it can be pulled up again by comparison to others who are in direct competition with us. I mentioned that private companies, well established, doing what EAT is doing, that may or may not be ahead of us, are getting public listings in Canada.
Big money, brokers, bankers and others that rely on price fluctuations, poked us a little hard imo, to take the shareprice down, hopefully because they want us and are going to make an offer. I personally would welcome that with some fresh blood and a different perspective of how to promote and manage a company. I do feel sorry for Jim though, who I believe, has the stuff to bring this home, if he is allowed. glta and dyodd