Be prepared to be disappointed is my guess. I am guessing 30-35 cents on sales of 32 -34M. But it might be he first quarter in a while where Debt and interest goes down from previous quarter and hopefully that trend will continue in order for EPS to rise in future quarters. It will be interesting to see what happens - In the meantime the stock slowly rises as the shorts slowly cover. Stock is priced for lots of bad news so anything over 30 cents should allow the stock to rise further.
Since there are many more options due to expire this summer I believe I would consider it a good sign that more have not excersized their options by now. Why take the risk - bird in the hand. I mean the law suits are coming due tomorrow according to mutt and jeff. the planes are drowning us. the balance sheet stinks, the CEOs an idiot trying to destroy the company so he can buy back cheap = huh, the CA clubs a total failure, healthcare, economy, shorts are piling in - well not really, Keane is pumping an dumping - not really - surprise they still own a good hunk of ricks - many other reasons. I know I would have excersized with all the alleged bad news
or maybe the next quarter results are gonna be pretty darn good.
stop with the $190M valuation please - if it was $190 M the stock would be at $19. Always loose with the number. Oh i know the debt plus the stock price. You just forget to value the real estate and oh yes the planes. Stick with the made up hypotheticals.
i saw the piece on the 10k - the note for Jaguars would be reduced by $6M. Helps our debt amount but not payment due to Pole TAX.
This is news to me as well. Does not effect earnings as well just cash as you know. Can you imagine if the pole tax was reversed. We would have to pay a bunch of tax. Of course we already paid $2M initially. Earning would rise 20 cents per year as well after one time gain. What a great outcome that would be.
Stock price already does consider that otherwise the stock would be over $16 easily. That is your problem. The one thing holding this stock back is the outcome of NYC. I think everyone does know the pole tax will have to be paid just when. once resolved the stock goes up.
Keep barking. next quarter 33 to 34M is sales 30 to 33 cents in earnings on its way to achieving $130M and $1.20. By the way i did say 25 to 30 cents last quarter. JJUUUSST made it. It wll be easier predicting sales going forward now that NYC club is in tact. And as the sales go up and the interest and depreciation stays the same or goes down quarter by quarter the trend in earnings is north as well. All the investment and clubs will continue to bring in the money.
Sentiment: Strong Buy
If only the short interest would go up. don't worry you will have your opp to short at higher prices
short interest actually went down during the end of Jan. How can that be with all the bad news. Makes no sense.
And the stock price just continues to hang in there - the price is an illusion. It's really at $3 and you were right all along. I have been told not to bother those souls with this kind of dementia. So I just want you to know you are correct in everything you state. If the earnings tomorrows turn out to be positive just note that its an illusion as well. See I have done my good deed for the day..
Right on queue. Early returns are positive. Go figure. Interested to find out how last quarter turned out. Hoping EPS is around 28 cents
or as dumb as eric trying to ruin the company and buy it for himself. How that theory working out.
forget the superbowl. NYC has rebounded like few other cities from the recession and they can afford Ricks. This is a no brain success story that will continue to provide good news. Believe me they will find the VIVID club in NYC. Build it and they WILL come.
This is getting exciting
Under $10 sounds good to me. If we get any good news at all in Feb the stock should drift back up. No reason to buy now - would wait till after the call and also see more regarding institutional buying - like to see that go up as well - guessing Keene has sold since it appears they no longer cover the stock. What the company does need is coverage. Just have to perform to get more attention. I have no idea how Q1 will turn out.