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Ruby Tuesday, Inc. Message Board

  • smaycs4 smaycs4 Jan 10, 2013 2:40 PM Flag

    Were all 12 Marlin & Rays losing money ?

    Couldnt they shutter the clearly bad ones and try to sell the profitable ones ?

    Hard to believe all 12 were losers.

    I remain long. Becker will make good money in the long term.

    By that I mean 15-25% annualized and it might take 2-5 years.

    Theres no question that the sum of the parts is worth well more than the share price.

    Probably $10-11 at a minimum.

    But, the company is worth mid to upper teens with just a little bit of sales & operational improvement.

    Im not buying more unless it drops and I dont expect it will drop much because of the buyback.

    Im holding what I have for double digits at least and probably mid to upper teens.

    Anyone shorting it has a few screws loose. Lots of OVERVALUED stocks that are better shorts.

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