goku

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    • ON: Mon Apr 7th 14:32 PM
      Commented on:
      Sex May Sell, But Is It Profitable?
      Rich is a great stock for all the above mentioned reasons as well as one other big one: there are a lot of recent zoning law trends in big cities against strip clubs right as Rick is attempting a big expansion, but the company is doing so well, it has the cash/stock options to keep acquiring existing clubs (and the land they're on) to convert to their very sucessful model (a large % of the clubs are "no-touch", most all are bright, clean and serve good food) for this type of business. Recent pullbacks in the stock are mostly smart profit taking by those who got in under 10. Glad someone mentioned Private (PRVT); it is the Anti-Rick. The company does OK, but the owner, a vast majority owner, (legally) skims all the profit for himself leaving the reamining shareholders to feel like tennants in a building that hasn't had repairs for years, but where the landlord is always vacationing oin Hawaii. I shorted it at 3.50, it's in the mid 1's now. Let it die.
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