Roll out the barrel ....

Gator's Chart of the Day: CBRL

Cracker Barrel was the Chart of the Day on May 9th (vertical white line.)  A buy and hold from that day would have gained 14% (~42% annualized) and collected a couple of 40 cent dividends.  I don't know anybody who did that.  I know I didn't.  Grrrrrrrrrrrrr!!!

Is CBRL a buy right here right now?  If you have the can't help its a small bite would be OK but a tag of the 50 day simple moving average would be better.  Perhaps just a close approach would be good since it really hasn't touched that moving average since July.

Be aware that the stock only trades 114k/day so it's a little thin.  The short interest is over 4% and it takes over 6 days average trading to cover.  Earnings are scheduled for Sept. 19th so you may want to put this on a watch list and make a decision then.