Rick’s: Still Entertaining or Ready to Slide? [View article]
Not doing as much DD as needed, it looks to me like RICKs aggressive growth strategy may have them leveraged more then profits can support. As the economy erodes further, unless a person has a compulsion there would be no reason to pay premiums on beverages & topless dancers when the consumer is pinched. I feel that RICKs is a complete consumer discretionary co. which could have a horrible 2009. They stock could lower by 50%. I will wait before I make a trade. Good luck!
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Not doing as much DD as needed, it looks to me like RICKs aggressive growth strategy may have them leveraged more then profits can support. As the economy erodes further, unless a person has a compulsion there would be no reason to pay premiums on beverages & topless dancers when the consumer is pinched. I feel that RICKs is a complete consumer discretionary co. which could have a horrible 2009. They stock could lower by 50%. I will wait before I make a trade. Good luck!
Dec 22 11:06 am
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