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Thoughts on Papa Johns stock price
Posted on 7/27/18 at 6:43 pm
Posted on 7/27/18 at 6:43 pm
If this thing keeps dropping is there a point where its a screaming deal or is the company going under cause Papa John made a racial slur?
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Posted on 7/27/18 at 6:49 pm to Buddy2012
I think everyone is waiting to see if he is going to be able to do some sort of takeover or not. He is fighting. I think he has around 30% of the stock.
Posted on 7/27/18 at 10:28 pm to Buddy2012
quote:
If this thing keeps dropping is there a point where its a screaming deal
It's down almost 50% from 11 months ago. The slide had already begun as the brand fell out of favor and PR problems mounted, but you might find some value if it sinks lower.
quote:
is the company going under cause Papa John made a racial slur?
I have no stake in Papa Johns, so I've mostly read bulleted synopses of the story. Is this actually the case? I thought he just pointed out that Harlan Sanders made the slur.
Regardless, he's been a PR problem for them since last year.
This post was edited on 7/27/18 at 10:31 pm
Posted on 8/5/18 at 7:11 pm to Buddy2012
I have been a long time customer of papa johns, they text me special deals every Friday. They were usually pretty good deals. Since John left, the deals have gotten even more ridiculous, no way they are making any profit at all on those deals, they are losing money trying to retain customers until this blows over. Expect to see deeper losses in the next two quarters and lower stock price. That would be the time to buy.
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