he Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced that it has closed on a $200 million convertible preferred investment from affiliates of Roark Capital. "We are pleased to have found a high-quality partner in Roark, who we are confident will add significant value to The Cheesecake Factory Incorporated," said David Overton, Chairman and Chief...
No one knows when things will return to normal. The best we can do is just try to identify good companies to buy at a discount. $CAKE Is one of those companies. $CAKE has a low PEG ratio of 0.72 and trades at just 5.4x last year's earnings, 0.27x last year's sales, and 8x last year's FCF. The stock is 69% off its 52 week high and has found strong support off...
Based on these bullish indicators, we can expect CAKE to push towards the $45 mark by 3/20. This prediction is based upon the current trends, as well as current publicity on the topic.
Play it accordingly... 35 would be an excellent entry.. can turn bullish if it breaks up the wedge...
A rounded top has formed on CAKE, downsides can be expected. 0.76 Strong Linear regression downtrend.
NOT a BUY until confirmation MUST reclaim $48
$45 has been major support for years. If it breaks this stock will drop fast in the coming months. There could be a possible short term rise to the 200 DMA line.
OVERVALUED CAKES. This POS has a buyout rumor, but I think this will go bankrupt 2019 :) This trade will be active soon!
I CALL FOR A BIG SHORT ON THIS ONE! LOTO 2020 PUTS. I will work with the house money on this. BTW THE PLACE IS VERY EXPENSIVE! THEY SHOULD GO OUT OF BUSINESS. THE BOTTOM IS EVEN LOWER!
$CAKE appears to be holding support just over $50. Expecting a move back to upper 50s in near term. Long term gap-fill pending overhead at 57.20.
CAKE has been accumulating under 50$ for a while, ready for gap fill
Idea is based on monthly resistance area, weekly and daily pennant odds and also on 60 min triangle possibility what we can on the chart. It will be important to compare CAKE with market action after Monday open to see how strong/weak it is.
Massive trend break and momentum was crushed.
Price Action should go to $51-$53 per share by EOY, or yellow area on chart. Couple of insiders bought 25,300 shares on 11/6 & 11/8. Rumor of a possible private equity buyout similar to Panera, watch options market very closely. Attention dividend hunters! The Cheesecake Factory Incorporated (NASDAQ:CAKE) will be distributing its dividend of $0.29 per share in...