May. 12 at 7:24 PM
$PTLO  the massive 45% drop in the last 3 weeks I believe is in part because of Portillo’s Limited Cash position.
$26M and 349M in debt.
Bankruptcy or buyout.
The market is starting to price for BK. I mean 300M market cap for a company that does 100M a yr in revenue. 80/20
I’m in the 80% camp that they hunker down, survive and those buying
$4 mol are getting a generational buy. It will take many Many moons to return to glory but this was a
$55 stock once.
Good luck to longs, but there is risk here,
