Anyone buying into Jersey Mike’s IPO?

[RWC]

Got a notification from Schwab that the IPO date is July 30th and pricing is 21 to $25 a share. Never had a JM sub or know anything about the company other than you see stores everywhere and Danny Devito does all their commercials.

It can’t be any worse than Space X right? LOL.

[Daystalker]

I’m waiting for Naugles to make a comeback, which is slowly happening, one macho burrito at a time.

[Java]

Didn’t know they were going public honestly.

It’s basically Subway.

I have eaten at both and have very little opinion about either.

[Daystalker]

Jersey mikes is going the same way subway did, it is overabundant, and will grow stale with consumers, as it pretty much already is.  Once they decide to broaden their menu choices and start throwing bacon and a bunch of slop on everything (here’s looking at you Carls and Jack in the Box) the downfall will be quick.

[Java]

Bacon is the beginning of the  end ?  I’m done for

[BigBalls]

I’m watching the Jersey Mike’s ipo but I’m not going in. I’m a fan of their #13 sandwich prepared Mikes Way. Really good. But so much competition in that space. I have a nice cash hoard waiting for a real estate opportunity but maybe I will buy some Mag 7 stocks, They’re getting beat up right now. I hate having cash sit around un deployed. Good luck!

[Author]

Posts