Papa John's International Inc. (PZZA)

I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." --Walter Deemer "When the time comes to sell, y...

Papa John's shares have traded ($43.32), like a knife through butter, below my buy level of $47 in recent days but I have not reestablished the investment position (which has been tasty in the past): * The shares are still a lofty 16x EBITDA - 2.5 p...

"What's happening all over? I'll tell you what's happening all over. Guys sitting home by a television set who used to be something of a rover. That's what's happening all over." - Nicely Nicely - Guys and Dolls My pal Roger Lipton, the legendary re...

* I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible "When the time comes to buy, you won't want to." - Walter Deemer I promised to update my "Level...

Papa John's has had a big run -- though I recently sold out of my position on the gap higher on the Starboard news several weeks ago. The shares were placed on my Best Ideas List last August at $38.94. The shares are currently trading over $49/share...

Here are some of my individual buy levels of stocks that I want to add to or reestablish on weakness: * $157.50 * $1625 * $1150 * $42 * $55 * $46 * $46.50 * $182.50 * $31 * $40 * $23 * $65 * $16.75 * $35 * $27.75 * $60 * $95 * $48 * $87.50 Note: Lon...

Someone is hungry for Papa John's International today.

*Raising net short exposure Some late morning observations: * With Google and Amazon market beasts -- now both medium sized -- I feel "comfortable" adding to my short hedges. * Added to my Micron , Caterpillar and Coca-Cola shorts. * So weird that t...

Papa John's  was downgraded from "Hold" to "Sell" at Stifel this morning.

My summer golfing pal and arguably the greatest sell-side restaurant analyst in history wrote a Papa John's update that he has given me permission to post: STARBOARD INVESTS $200-250M, INTO PAPA JOHN'S - IS PZZA A BUY OR SELL ? February 5, 2019artic...

* Calling an audible after the stock rises by +$4.85/share this morning I just sold my at $43.30. I plan to repurchase the position under $41 if it falls back after the euphoria surrounding the Starboard investment dies down. Remember, the company s...

* PZZA is indicated +$4/share in early premarket trading Late last week, we added to Papa John's International  . The Wall Street Journal has reported, and the company has confirmed, that Starboard has invested $200 million in PZZA and that Jeffrey ...

Covered and then reshorted Added to my , and shorts (moved to medium-sized from neutral) Bought some SPY puts (maturing at the close) Bought small Sold some (after the run from the low $40s -moved from medium to small) I was a bit over my skiis long...

There has been a number of inquiries about over the last few days - as the chart seems to have some appeal. Fundamentally, the business is improving. If I had to hazard a guess I would say about -5% comps in the fourth quarter, which would be a mate...

My three favorite tech stocks for the near and intermediate term remain , and (my Trade of the Week). My two favorite industrial stocks are and . My favorite financial stock is . My favorite ETF is . My favorite takeover speculations are SQ, TWTR an...

Buying now.

I will be back buying Papa John's today. I originally purchased PZZA and placed the shares on my Best Ideas List at about $38 in mid-August of this year and sold most of the shares above $50 a share. PZZA shares have slipped by more than $10 a share...

I am bidding to buy back my position - though I live under the market for now. More early tomorrow morning on my investment rationale.