EOD likely, hedge funds want to squeeze shorts good here.
Citron interview showed what a tool he is!
anyone else see that or receive theirs?
only to come out with a whimper! Massive fraud....hmmm might be Citron!
Either the heat is coming in from the Fed's or he covered his short and has ran!
Company is oversold and likely drawing some smart money in and a potential buyer while is is down to ridiculously cheap levels!
going into a quarter with the most restaurant openings of Pollo Tropical and very low anticipation of a big beat of earnings and revenue has set this up for a big pop up.
nat gas falling like a rock will increase distributions here. Looking for news on a pasadena sale
stock moving up today might be sign there will be news coming!
Finally, let me update you on our new restaurant development progress. We have opened a total of 13 restaurants for the first half of the year. During the second quarter, we opened up two Pollo Tropical restaurants in Florida and four in Texas. We also opened up one Taco Cabana in Texas. It's worth noting that we are expecting our largest number of restaurant openings in a single quarter this quarter, one Taco Cabana and 15 Pollo Tropical restaurants. We had previously targeted between 28 and 32 openings this year and are now raising our range to 32 to 34 restaurants. All but two openings will be Pollo Tropical restaurants. Of the Pollo Tropical openings, 13 will be in Texas, six will be in Atlanta, two will be in Tennessee and the balance will be in Florida
pushing up earnings report to next week should signal they are good and the company has lots to report! Looking for move back up to secondary offering price, 17.00