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Anyone that is familiar with my work knows that when I’ve covered TheHabit Restaurants (HABT) in the past, I’ve been very bearish. The stock has traded for some truly insane valuations in the past, and that was always very offputting to me. At this point, with shares all the way down at $9, the stock is certainly looking more interesting. However, even with a long runway for growth, I think Habit’s margin problems are significant enough that even this price is too dear to own it.