PLAY - Not Much Play Going On At Dave And Buster's

Since the day that I published my last article on Dave & Buster's Entertainment, Inc. (PLAY), the stock has declined by over 25%. During the same period, the S&P 500 has gone up by more than 5%. Though I would like to toot my own horn and say my bearish call could have given my readers an alpha of about 30%, I believe something else was occurring behind the scenes that went beyond my analysis. I believe I found it.

Figure 1 - PLAY's Stock

Source: Yahoo Finance

The subsequent days after the

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