But if the stock is going to $50 in a few years then it's cheap now...
I think it's hard to place a value on it. I would not be surprised to see $10 again or $30 later this year.
Nice job, I have a slightly smaller position but haven't pulled the trigger yet.
I think you would be smart to buy/keep 3,000-5,000 shares so you aren't kicking yourself forever if it never goes back down. Just a thought.
"Rave made a huge error naming Pie Five. They should have stuck with Pizza Inn name and just changed the floor plan". This is a dumber argument than the Texas recession argument you made last month. If you had a real argument you wouldn't need to fabricate stupid ones like this...
The only real argument against Pie Five is competition, but that will not be a worry until there are 1,500-2,000 fast casual pizza places open. At that point Pie Five will own 300-500 of them and have a much higher market cap. The reason there is so much competition is because it's a great business model and makes good money. So we have a stock here with a great business model that will make a lot money but will have to face competition in 4-5 years. You are bashing it a few years too early, come back later...
You would need to post the pictures to some other photo sharing web site, then post the link here. And sometimes links don't work here, so you might have to try a few different ways to get the link working.
The one per week projection was in an article I recently read. I think the CEO said around one per week this year. I'll try to find it.
"Is there a better stat to focus on - like management projections for actual openings?"
Yes, management has said they will open around one site per week this year. In my opinion, if they do what they plan then it's a good sign.
"And more importantly - when does RAVE see profit?"
For franchise locations they will certainly always see a profit.
"Is there a % at signing, a % at opening, and then a stream of income after opening?"
There is a $25,000 fee at opening and a 6% of revenue stream after opening.