should be down after yesterdays release. However, many times a good Q release for several companies I've had will take about a week or so as those frutrated hit the SELL key! I had BEXP and they released a great earnings report and it just started dropping and I sold immediately and kicked the ticker off my list. About a week after I sold I was watching and saw the streaming tickers go by and there was BEXP up +$3.65 from my sale price. I frickn flipped and took notice of that behavior, needless to say I've spotted that in many situations from that point on. This is tryly setting up to be in that category, and I'm not selling a single share. We'll see if my homework pays off. I'm really confident it will go above $8.00 in a week! Do your DD!
As I posted last night domestic unit sales flat.The top line increase was due to price increase not new traffic.
Overseas sales still deterioration speeding up on a same store basis with a 29% drop for the quarter.
Of the profit growth about 2/3 of it came from the refinancing of the debt earlier and is not a repeatable event.
The company is off of life support and is solvent but they are going to have to shoe sss growth in the US and overseas if they want to keep attracting new franchisees which is the lifeblood off the company.
The stock seems fairly priced in the 6 to 8 range until they can show improved metrics.