I don’t think I have noticed this one (or maybe I did and forgot about it), but it caught my attention on an 11% surge the other day. I just picked up a few shares, but I am hoping that I can get a better price on it over the next few months. I would like to pick up more around $11.00 a share, but we will see…
The stock:
RICK
A great stock for “stock chat” at a Christmas party…
Merry Christmas…
If the numbers are real, they have a pretty strong 10 year growth, decent insider buying (means executives think it will go up), good looking balance sheet, a very favorable P\E ratio (compared to the growth numbers), profitable, market cap with a lot of room to grow, and are in one of those businesses that has been around since the beginning of time, and will never likely be replaced…
http://investing.money.msn.com/investments/company-report?symbol=rick
Rick's Cabaret International, Inc., a Texas corporation was incorporated in 1994. Through its subsidiaries, it owns and operates a total of thirty-four adult nightclubs that offer live adult entertainment, restaurant and bar operations. The Company has one reportable segment, nightclubs. It owns and operates upscale adult nightclubs serving businessmen and professionals. The Company currently operates clubs under the name ?Rick's Cabaret? in Houston, San Antonio and Fort Worth, Texas; Minneapolis, Minnesota; New York, New York; Austin, Texas and Indianapolis, Indiana. It also operates a similar nightclub under the name ?Tootsie?s Cabaret? in Miami Gardens, Florida. The Company operates four nightclubs, one in Houston, one in Dallas, one in Charlotte, North Carolina and one in Philadelphia, Pennsylvania as ?Club Onyx?. It owns six nightclubs that operate as ?XTC Cabaret? in San Antonio, Austin, Dallas, Fort Worth and two in Houston, Texas, one that operates as ?Cabaret East?, one that operates as ?Cabaret North? in Fort Worth and one that operates as ?Downtown Cabaret? in Minneapolis. The Company also owns a media division, including the trade magazine serving the multi-billion dollar adult nightclub industry. It is subject to various federal, state and local laws affecting its business activities.