Big Spender Gobbles Up Stake in Ruby Tuesday; What's Next on the Menu?

Is there ever a reason to be unhappy with a stock in which you have a long position that has risen 61% in the past two weeks? My answer is yes, when you, as a Real Money contributor, named that stock your "best" idea for the coming year, yet it is still down 12% even with that recent run.

Don't get me wrong. I'm glad there have been some positive developments for Ruby Tuesday (RT) , the struggling casual dining name that officially has morphed into more of a real estate play. Earlier this week, a 13D filed by real estate investment and development company Leon Capital (Chimera Capital Investments LLC) revealed that it has taken a 9.5% position in RT....302 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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