Over A Barrel

The purveyor of very, very, typical American fare, Cracker Barrel, has been blown to smithereens. It’s down about 50% in the past few years (in the midst of the biggest, fakest bull market in the history of the universe) so obviously there’s something dreadfully wrong in the land of chicken ‘n’ biscuits and gravy vats.

Looking at the long-term picture, I’d say they’ve got the same prospects for longevity as a morbidly obese Alabama resident who eats all three meals a day there.

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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

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