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Ever since Noodles & Company (NDLS) came public several years ago, I’ve been bearish. The stock has nearly always traded, to my eye, for absurd valuations. Coupled with the fact that the company produced also-ran performances at best when it came to comparable sales and profits, the valuation was always a primary concern. Shares trade at just $6 at this point, so there’s been significant damage, and the company’s performance has unequivocally been better in recent quarters. However, I think Noodles has yet to figure out how to grow earnings despite