mikestockmarket
Long

Is EAT starting to retrace to $27.50

BATS:EAT   BRINKER INTL INC
226 5 0
This could come good for new year.. Keeping this one on the back burner to see how it pans out... $29-$27.50 for a buy and then take profits at $45+

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Brinker International, Inc. (Brinker) owns, develops, operates and franchises the Chili's Grill & Bar (Chili's) and Maggiano's Little Italy             (Maggiano's) restaurant brands. As of June 27, 2012 (fiscal 2012), the Company's system of Company-owned and franchised restaurants included 1,581 restaurants located in 50 states, and Washington, D.C. It also has restaurants in the Bahrain, Brazil, Canada, Dominican Republic, Ecuador, Egypt, El Salvador, Germany, Guatemala, Honduras, India, Indonesia, Japan, Jordan, Kuwait, Lebanon, Malaysia, Mexico, Oman, Peru, Philippines, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Korea, Syria, Taiwan, United Arab Emirates and Venezuela.
I'm going to try and get a position in this today... Price is at $30.20 let's see what the open says, I would like $28.50-$29 ideally...
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Now I will wait for some kind of reversal to happen and go long :-)
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Slowly Slowly Catch a Monkey!
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