Detroit Bear
Deep value, special situations, long-term horizon, value

Rick's Cabaret: Two Steps Forward, One Step Backwards

Rick's Cabaret (NASDAQ:RICK) has been one of my favorite companies to follow for several years. Rarely do you find a company with such a rock solid business in the microcap space. However, Rick's management team has been extremely inconsistent. One minute the team is frequently buying wonderful businesses fo...

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