say's group got beat up even in light of good earnings....time to buy!
earnings were decent comparing to industry, company is just beginning nationwide expansion and will kick up franchising going forward.....all positives
from looks of BWLD, CMG and others it was more of a slow time for all, not a company specific to FRGI, coming into travel season i'd expect things too pick up as with a stronger economy.
with their capital they could expand this highly profitable chain fast not only across US but around the world. CMG and PNRA or BWLD need new concept to expand with.
once 50.89 taken out in AH should see run back up to 60, stock way oversold based on earnings and potential on expansion that is just beginning
i agree! love pollo tropical restaurants when in florida. They need to pick up franchising them nation wide, great concept!
58 to 60 on good earnings report. FRGI got hit with company specific issues that are plaguing chipotle and Buffalo wild wings and not industry. Fundamentals of cheap oil/gas and improving economy will benefit restaruants going into the summer travel time.
restructuring should put ISNS back to their core business with focused management now going into their strongest sales period. Stock should make a big move to 5 to 6 very soon if they are not bought out.
exactly, nice set up breaking 200 day moving average today at the close. Could see a big pop on open tomorrow. With annual meeting coming up in early may could see some nice upward spike happen between now and meeting in May
2.89 is breakout level, with annual meeting in early May, it is setting up for a big move up. 1st quarter should show signs of turnaround that is in progress here. Back to 5 to 6 first step up if buyout doesn't happen by a smart competitor wanting to grab a cheap asset.