Jul. 27, 2015 3:46 PM ETRICK
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Contributor Since 2012

I have been an equities enthusiast for over two decades. I have read tens of thousands of pages on investing in the stock market and continue to read about investing on a regular basis. Daily, I watch the stock market and study individual companies. I am a former military officer. I am a transactional attorney and an industry writer. I am also an entrepreneur who has co-founded several small businesses, and I am an employer. I recently earned my MBA. I love business and capitalism, and I am a strong believer in The American Dream! I am not giving you any advice whatsoever with anything that I write, and I strongly encourage you to seek advice from a qualified professional. Thank you!

Bought some more RICK, today, at 11.48. RICK recently released quarterly sales numbers. Overall sales were up over 6% thanks to a similar % increase in store units; however, sss were down over 6%. Stock has drifted lower since that was released. Also, the market has been drifting lower over the same period--about 1/2 way through earnings season and it has been so-so, commodities continue to decline, and China's stock market has been diving. (Nobody seems to care about Greece anymore, for the moment--that was the worrying point a few months ago, again). At any rate, RICKs is not a growth stock; it is a value stock. I'm not thrilled with the SSS decline, but one quarter does not a company make, and the value is good. Full quarterly results come out in early AUG.

Disclosure: I am/we are long RICK, ECPG, VNM, PRAA.

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