Burnt

[The beef 675] [I'm an image] “Papa John’s is the penny stock of pizzas.” - Jason [Read The Beef Online - Click Here]( Hey there carnivores, Markets were up again. Yup, that means new all-time highs. Today we’re talking Papa John’s pizza problem. Keep raging, Jeff & Jason [Image] [I'm an image] Burnt Desperation is a stinky cologne, and sometimes it smells like marinara. Former CEO of Papa John’s Pizza, John Schnatter, said in an interview yesterday that the pizza parlor chain that bears his name is not up to snuff, and that current CEO Rob Lynch couldn’t twirl a pizza pie if his life depended on it… more or less. It was [what we call in the biz]( “a Hail Mary” by the former CEO. Schnatter didn’t do himself any favors, showing up to the interview looking like Charlie Sheen in the middle of a Tiger Blood bender. The ousted CEO claimed that he has eaten 40 pizzas in the last 30 days, which one could not dispute by looking at him. The carbo conquest left him with a bad taste in his mouth. He claims that the quality of the product he built on the motto “better ingredients, better pizza” ain’t what it used to be. He even went so far as to say that the “day of reckoning will come” for the company. Shots fired. Facts get in the way Unfortunately, for Papa Jo-, or just John as he is now called, his former company’s stock has [been absolutely crushing it this year](. Schnatter claims that activist investor Starboard Value and the current management team has “destroyed the company.” If reporting a profit in Q3 on revenues of $403.7M and a 55% increase in stock price YTD is considered destroying, then he might be right. The bottom line... It appears that it's going to be an ugly, drawn-out divorce between Papa John and the company he created. Schnatter is slowly selling off his shares as the pizza maker continues to rebuild without him. You hate to see it. Slices of Papa John’s stock were down 0.39% on the day. Bottom line: “Get this man some help.” [I'm an image] This is the best thing to happen to the number “5” since the Five Dollar Footlong, folks… [Kyle Dennis’ “Fast 5” strategy]( is stupid simple: spend five-minutes a week making one trade that you’ll be in and out of in five days or less. Every Monday KD will send you his highest conviction trade of the week. You make the trade. And you profit. It’s that easy. [Learn more NOW]( [I'm an image] ☑️ Ride or die. Chief Executive Officer Melanie Whelan is [leaving]( SoulCycle. This comes after a tenure that began in 2015 and will best be remembered for failure to launch an IPO and a celeb-fueled boycott. The go-to cardio workout of affluent white people who think Turkey Trots are "fun for the whole family" failed to IPO as increasing competition (read: Peloton) threatened its business. And the company suffered a major flat tire when the chairman of SoulCycle’s parent company, Stephen Ross, threw a fundraiser for Donny Politics. Ross had this to say: “sorry for partying.” Whelan will be replaced by Sunder Reddy, the studio’s CFO, in the interim. ☑️ Anything you can do I can do better. What a time to be alive. Ford literally challenged Tesla to a pickup truck tug of war after Elon claimed that his new Cybertruck could outhaul the F150. And in case you needed a lesson on torque, Neil deGrasse Tyson has even chimed in. But unfortunately for America, it appears that this d*ck measuring contest [won’t come to blows](. Ford put the challenge, originally proposed by Ford X’s VP, to rest, indicating that it was tongue-in-cheek. ☑️ Quit while you’re ahead. Amazon will [pump the brakes]( on its controversial advertising practice that allows brands to ship samples (think: Kind bars, cologne etc.) with customer’s products. You might be thinking “WTF, I want a free surprise in my Amazon delivery like it’s a box of Cracker Jacks.” Welp, you can thank privacy advocates who claim that Amazon was mining data and targeting consumers based on their preferences without their consent. Oh, the horror. ☑️ Throes of passion. According to POTUS “We’re in the final throes of a very important deal,” [hinting]( that a phase 1 trade deal is very (very, very) close. Although later in the day Trump hinted that he was holding up the deal to make sure it was favorable to the US. Of course, there is the issue of the legislation supporting Hong Kong that awaits the President’s signature after it got the green light from Congress. Trump has not indicated if he plans to sign the bill but Beijing has already made it clear that there will be retaliation if he does. 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