the question is whose buying this? who server to benefit from keeping this thing higher than it should be?
i know who sold this.
Gabe Plotkin of Melvin capital sold his 1 percent of the company.
he was long dominos.
yet somehow the price of the stock doesn’t reflect that selling pressure. in fact the price has been going up, despite the wholesale costs of pizza skyrocketing.
pizza places are cutting their margins as the prices of everything has doubled and tripled. plus to boot, there are coupons that reflect corporate pricing that means margins are getting squeezed.
i have one put in dpz expiring this week.
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