HABT - Sell Habit Restaurants Now You'll Thank Me Later
Here we go again
Habit Restaurants (HABT) is a stock I’ve had some success shorting in the past. The company’s valuation — like many of its peers — goes through boom and bust cycles that are quite evident on the chart. For instance, a huge rally sent shares to the unsustainable level of nearly $20 early in 2017, only to fall to just $8 later in the year. We’re right back in the throes of an enormous rally and today, shares are going for $16. Generally high sentiment on the restaurant