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business newsWhat Are They Putting in the Pizza at Chuck E. Cheese?
By
Justin Rohrlich
Dec 07, 2010 2:50 pm
Hotbeds of violence for years, the "family" chain has now produced its first murdering jihadist.
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Analyst Lynne Collier of Sterne Agee tells Minyanville:
“I like the stock, like the positioning of the company. They reported pretty good Q3 results, same-store sales turned positive, and we have a buy rating on CEC with a price target of $43.”
However, lurking just beneath the positive financial outlook lies the fact that something has gone horribly awry at the Chuck E. Cheese organization -- and no one can put their finger on what’s causing it.The spontaneous violence that seems to bypass other, similar chains like Red Lobster (DRI) and Chili’s (EAT) but regularly breaks out at Chuck E. Cheese locations has been well-documented:
- A man arrested at a Lancaster County, Pennsylvania Chuck E. Cheese after police said he “ran around the restaurant spitting and yelling he had hepatitis C.”
- A pistol-whipping at a Toledo, Ohio Chuck E. Cheese, followed by gunshots and a felony assault charge.
- An alleged threat on a Springfield, Massachusetts customer’s life by a Chuck E. Cheese employee wielding a butcher’s knife, after a dispute over the redeeming of game tickets turned ugly.
- Armed security guards stationed on the premises of a Milwaukee Chuck E. Cheese, after Alderman Tony Zielinski described the restaurant as being “like something out of a Quentin Tarantino film.”
- An 18 year-old pregnant woman charged with inciting a riot by Memphis police after another patron waiting to use the photo booth reportedly asked, “Dang how long ya’ll gonna be?”
And now, Chuck E. Cheese has turned out its first jihadist.
Abdulhakim Mujahid Muhammad, formerly known as Carlos Bledsoe, worked at a Tennessee-area Chuck E. Cheese before traveling to Yemen for terrorist training.
After his return, Muhammad bought a .22-caliber rifle at Walmart (WMT) and drove his black Ford (F) Explorer Sport Trac to Little Rock, Arkansas, where he gunned down two soldiers smoking cigarettes outside a US Army recruiting center, killing one.
Muhammad, who is charged with capital murder and will be tried in February, wrote to the judge in his case, claiming affiliation with al-Qaida in the Arabian Peninsula.
“It’s a massive red flag for me about the way al-Qaida has changed its perspective in saying, ‘We don't need impressive attacks. We need you guys to go pick up a gun and kill somebody,’” Jarret Brachman, author of “Global Jihadism,” told the Scripps Howard News Service.
And, as we all know, where better to find a violent, unhinged madman than at your local Chuck E. Cheese?
No positions in stocks mentioned.
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