Friday, April 27, 2007

Applebees (APPB) Eatin' Bad In the Neighborhood

I really dislike Applebees (APPB), and I've blogged about that in the past, so no sense rehashing the reasons. Investors like it today: Applebee's gets early offers for company. The upshot is more interest than expected and options players are thinking a price north of $30/shr.

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