Although $LOCO looks stable now, the moving averages look like they will intersect soon, which is a buy/sell signal. I think that the signal is contingent on how $QSR proceeds in the acquisition. Moreover, recent developments suggest that the those who purchased $PLKI at $79/share prior to 21 February may have been taken advantage of. #Investigations are being conducted into the fairness of the aforementioned bid price.
QSR Picks Popeyes And Leaves El Pollo Loco As the Last Chicken Standing
Although $LOCO looks stable now, the moving averages look like they will intersect soon, which is a buy/sell signal. I think that the signal is contingent on how $QSR proceeds in the acquisition. Moreover, recent developments suggest that the those who purchased $PLKI at $79/share prior to 21 February may have been taken advantage of. #Investigations are being conducted into the fairness of the aforementioned bid price.