I've Never Seen an Earnings Collapse Like This – Time to Move

I've spent years studying junk bond issuers, so I always get suspicious when I see a restaurant company, of all things, trading at high multiples of earnings, cash flow, or debt. The restaurant business is notoriously risky, you see; there are few barriers to entry, fickle and economically sensitive consumers are at every turn, and it's extremely difficult to maintain high quality at any point on the price spectrum. Still, it's not often you find a grossly overvalued (and overripe) company lying smack in the middle of the intersection of every single one of these very specific woes. Yet that's exactly what I've found here. In fact, I've just issued detailed trading instructions for profiting on this clunker to my Zenith Trading Circle readers, but this company is in such bad shape - such a perfect example of almost everything wrong with Corporate America today - that I had to let everyone know, so you can get the chance to profit now and later on, if a similar situation unfolds again. Let's have a look at what my research has turned up - so long as you've got an empty stomach... Tags: Stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post I've Never Seen an Earnings Collapse Like This – Time to Move appeared first on Money Morning - We Make Investing Profitable .