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Hey Vegas,
May 15 21:10 pm
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All Comments by Chris Fernandez »Things Turning Around at Rick’s Cabaret: Time to Buy? [View article]
It's a dog eat dog world out there, and Rick's just stepped up their game to compete with the others doing the same.
As long as the bottom line stays fresh, meaning the company keeps throwing off gobs of free cash flow, I could care less how they manufacture their revenues.
You can't lie about your cash flow, that's the bottom line...advertise too much, and spend too much on it and you'll get crushed in your quarterly results.
I'm keeping an eye on things, but it was time for Rick's to compete on a level playing field with the other "marketing" that was being done out there.
Chris