Comment was after a bounce of the 8.10 intra day low. Needed to hold AROUND 8.37. Back above that so far today. Has not breached the 8.10 low. So I guess the answer SO FAR is yes, correct dummy? LMAO
Hopefully we found a bottom. Technically, RAVE made a high of 8.63 back on August 15, 2014, fell into a cup base with low of 6.12. Built right side of base starting 12-31-14. Hit a high of 8.37 and then built a one week handle. 8.37 was a buy point and then broke out Jan. 16. Need to see it hold around 8.37.
To answer my own question would be if new store openings sales crater.
Give me a scenario where you have same store sales growth and weekly sales don't rise also?
I'm ignorant but yet correctly told you RAVE was over valued at 14. I'm ignorant but yet came within $100,000 of predicting fiscal 4th quarter sales back in May. The person who predicted 25 by the end of the year is the one who is ignorant.
You can't explain anything to him he knows it all already. He just wants to hear and and believe is own BS. About a year and a half ago weekly sales went from 11,800 to 14,200 over about 3 quarters, so now we are comparing to the higher numbers. After the 14,200 numbers last 3 have around 13,300 13,400 and now 13,800. Sequentially higher which is good, but now we compare to their highest number 14,200. That's the concern.
Now that your opinions on both a technical and fundamental basis have been proven wrong you have to resort to personal attacks. Don't have to dig up old posts, they are readily available.
Looking for sales attributed to Pizza Inn to hold steady at $8.053M. Sales attributed to Pie Five to be $6.835.
Broken out this way. Food sales: $1.75M Franchise fees and Royalties: 0.6M. Restaurant sales from Company owned stores: $4.485M. Total sales = $14.888M. Almost 32% increase year over year.
Its also just one person's OPINION of which is better. I prefer P5. I didn't like Chipotle and it cost me $$$$$ big time.
Only looking to prove you are not very smart when it comes to valuing a stock. Even one as simple as RAVE. On May 13 your "advice" on this board was that RAVE will be $25 by the end of the year. I only gave "facts" based on information we had that the company would do around $13.7M for the quarter.
"k. let's compare market experience then. 20 years on wall st. institutional sell side trading for 7 years. 5 years as head of one of the biggest proprietary trading groups on wall st., ran 3bln in capital, 4 years my own hedge fund. retired for family reasons. what yours?"
"Dilution is a straw man. Fundamentals are extremely strong. And when numbers start coming out will overwhelm petty dilution. Study the trading action and you will see what is really going on here."
"Check cross trades at open and close, short volume, short ratio growth, split trades, odd lot vs block trade volume ratio, % of trades done at 4 decimals which retail can't do, intraday high candles and the list goes on. Get back to me on those items before you give a 4th grader maturity level post."
Those are your quotes. Who is thumping their chest? Who is looking for confirmation? You are a phony. I will stand by the information I have provided to this board.
Don't know who the "street estimate" is. ONE analyst has $13M for current quarter. I have $13.7M that would beat your "street". Break down of revenue: Pizza Inn Restaurant sales; $0.35M Franchise & Royalties: $0.821M Food Sales; $6.882M Total revenue attributed to Pizza Inn $8.053M P5 Restaurant Sales: $3.685M Franchise & Royalties: $0.500M Food Sales: $1.462M. Total revenue attributed to P5 $5.647M.
you are exactly right, shouldn't take until the next quarter is over to get info from previous quarter. I have found on this board if you bring up anything other than RAVE is going to the moon and its going up just because they announced a franchisee that may or may not be successful then you get bashed. I did buy more today at 10.05. Cashinassback what did you do today?
"my prediction is people who are shorting are praying for a disaster. this was a very good report and next 2 quarters will be great reports. stock $25 by end of year."
I don't care about 10 different stats and algorithms that's all short term BS. I care about CASH/sales. I care about MARGINS/profits. We obviously have a difference of opinion.
Spout more bs. Angel investor gonna come in, Robots accounting for a 35% drop in value. All this #$%$ on a stock that trades 50-80 thousand shares/day and around 100M market cap. The company is trading at an appropriate valuation based on the information we have. If same store sales increase, if average weekly sales increase, if margins increase, then you can see a multiple expansion based on price/sales we all know the bottom line is still gonna be negative for a while. Everything else you spout is bs and every knows it.
Dude you are sooo stupid. I'm not gonna waste my time arguing with you about it anymore. Just post when you buy or sell at the time you do it. Don't wait until a day or two later and we will see. Has per my previous posts. I'm long RAVE have been since December 2013 when they had 13 company owned and 6 franchise stores. Will buy more after this market meltdown. As I have i will post when I add to my shares.
Haha. Big man on a yahoo message board who can say anything he wants with out having to prove any of it. And yes I had a little more than a double. People who have to brag about what they supposedly have done are people who have never done a thing or they wouldn't be trying so hard to make you believe they have.