tuscl

Stock Ticker RICK Does Another Acquisition

Wednesday, March 27, 2013 1:58 PM
I bought 2500 share of RICK last week at $8.83 - just for a little fun. Today we got news that they are adding yet another club to their collection. Now even though RickyBoyDugan told me that they are about to go belly up due to debt and that this is a terrible time to do acquisitions they are sure moving confidently and aggressively. Let's use this thread to see if RickyBoyDugan was right and I made a bad investment here. (My thinking is I'll be okay here. They have a good record lately if growin revenue which should continue as the economy improves. Also their assets should appreciate if commercial real estate comes back this year, and if their stock gets a pop they can use that to do a secondary and use the proceeds to pay down the debt they've wracked up during this growth/acquisition phase.)

31 comments

  • reno66
    11 years ago
    Ricks is a very thinly trades stock and the debt is very hgih for a small company. I have 300 shares I paid $7 for so I am not worried. Every analysI to is negative on the stock.
  • Dougster
    11 years ago
    Maybe when you bought it at $7 they were, but today it says 13 buy revs, 21 hold, and 3 sells. IMO, analysts recs have little to no predictive value on price outlook. Congrats on getting in at $7!
  • JuiceBox69
    11 years ago
    Shit
  • Dougster
    11 years ago
    Of course we are interested in your opinions on financial matters, tittyfag. What is your opinion on stock ticker RICK?
  • Ermita_Nights
    11 years ago
    Don't ask me, I sold Apple at 12 just before Steve came back.
  • JuiceBox69
    11 years ago
    Fuck
  • crazyjoe
    11 years ago
    Shit
  • crazyjoe
    11 years ago
    Shit fuck
  • Dougster
    11 years ago
    I was hoping samsung would post the link for me, but here it is [view link] I wonder if this news has caused RickyBoy to change his "mind" (see how I put that in quotes) about this stock?
  • davidsm285
    11 years ago
    Hi, i read your post it's interesting. You of course will find a little more than just that, you will find yourself within these walls, as you and allure escorts spend the night doing all manner of debauched things with the crowd here.
  • rickdugan
    11 years ago
    Dougie, why would that influence anything? The fact that the owners of the other 50% thought that 100,000 shares of restricted common was a fair price for 1/2 of the club tells me that either they or Ricks are wrong about its potential. Though thank goodness that Rick was able to purchase it for stock as their debt levels probably made financing it cost prohibitive. ;)
  • Dougster
    11 years ago
    Earnings day was today. They had a very large increase in revenue and a nice beat on earnings. They are also opening some more clubs, authorized $3 million in buy backs, are going to consolidate their debt at a lower rate, and going to transfer their real estate into a REIT. They didn't give details but said this would help them use RE equity to expand. Overall they appear to be sticking to their strategy of full steam ahead very aggressive growth. Stock is about flat since I bought it. I'm still confident however since it has been rising on increased volume the last few days. What does the RickyBoy think? Feeling more positive about this stock yet? :-)
  • Alucard
    11 years ago
    Does anyone give a shit about this news??
  • TortillaChip
    11 years ago
    Does anyone give a shit if you drink or your opinion on alochol? Yet you keep cluttering up the boards with your blather. So why would you have a problem with someone else posting whatever they care about? Alucard, you seriously have the intelligence of a retarded monkey. I'll anxiously await the pm now.
  • Dougsterr
    11 years ago
    I know that no one gives a shit about any thing that I post but that doesn't stop me from clogging up this board with unprovoked attacks on others.
  • Alucard
    11 years ago
    "I know that no one gives a shit about any thing that I post but that doesn't stop me from clogging up this board with unprovoked attacks on others" Well a Moderator would take care of that! LOL
  • Dougster
    11 years ago
    There's plenty if people who have been interested in discussing this stock - Samsung, farmerart, RickyBoy, another guy who bought in around six. Now what is really go here, of course, is that alutard is just a little PO'ed at me because I have explained in some very precise detail his mode of operations, his psychological issues, and logical holes in his worldview in other threads. The accuracy obviously bothers him, but all he is able to do to express is anger that the truth about him is out is to take feeble little peble throws at me here.
  • Alucard
    11 years ago
    "peble" Should be pebble. As much as you try dummy, you know very little about me or anyone or anything else. Your cover is an avalanche of multiple syllable words. I guess you figure if you SHOUT this shit out loud often enough, one of your fellow vile creatures might actually believe you and pat you on your pathetic back.
  • georgmicrodong
    11 years ago
    @"Well a Moderator would take care of that! LOL" You're right. Founder, I volunteer to be moderator. I'll be a good boy, I promise.
  • deogol
    11 years ago
    <i><b>Stock is about flat since I bought it. I'm still confident however since it has been rising on increased volume the last few days. </b></i> Who cares if the stock is rising, does it pay out dividends in any way?
  • Dougster
    11 years ago
    Rising price on rising volume is usually a good sign. I don't see any dividend payments in their history. Like I say they announced their intention to spin off a REIT yesterday. Not many details, but shareholders would get a stake in the REIT which would pay dividends.
  • Dougster
    11 years ago
    Looks like this ticker is on the move this morning. All that despite the RickyBoy and txtittyfan's "expert" analysis. What do you think RickyBoy? Still think this one is done for or are you gonna change your mind on this one? (Or bob and weave around what you said in the first place?)
  • rickdugan
    11 years ago
    More noise - nothing more. If you've managed to make a few pennies on this dog of a stock, sell now why the sellin' is good! ;)
  • Dougster
    11 years ago
    Sell now is your advice? Ok, RickyBoy. Duly noted. I, however, like the rise on volume on a day the market is down fairly big. Gonna hold. Let's see what happens...
  • Mate27
    2 years ago
    I was rong, Rickyboi is a spot on prognosticator, whatever he predict just do the opposite and you’ll be right!
  • shailynn
    2 years ago
    Holy shit I just realized half the people in this original thread are now dead. RIP.
  • rickdugan
    2 years ago
    Wow, this was 9 years ago. Mate, did you spend all night looking for this? 😂 But for years I was right. It was a volatile stock and if you bought in at the wrong moment, you could have been underwater for a long time. They didn't start getting any liftoff until the Trump years, when economic conditions improved dramatically. But kudos to RCI for turning the debt trap ship around. Indeed my view changed on the company 7 years after I posted this. I bought shares in April 2020, along with some other stocks I thought were being unfairly punished for a temporary situation. Buying RCI was a real PITA - it was the first time I wasn't allowed to simply click and buy in my brokerage account, but instead had to call in to confirm the order. I figured the people who have been manipulating the RCI share price since forever wouldn't let it sit at under $13 for too long. I made a tidy profit off of it, maybe far less than I would have if I held onto it for longer, but I was happy with the outcome. RCI is not the type of stock I want to hold onto long term - it is way too volatile and prone to manipulation due to its tiny market cap.
  • Mate27
    2 years ago
    Here’s a little news for the Rickyboi camp today. TLDR:Odds are handicapped to equal of both outcomes. Reveling in the past? [view link] History says inflation could persist for a decade If you are a retiree, or even near to retirement, you are probably more vulnerable to inflation than most. Your cost of living is probably rising faster than your income. You’re lucky if any pension or annuities raise their payouts to match rising prices. Social Security does, but only a year in arrears. If you are in your senior years, the stock market turmoil caused by this year’s inflation crisis poses a significant risk. A lost few years in the markets is more dangerous to someone of 70 than someone of 30. And then there’s the risk to bonds and bond mutual funds, a staple of the typical retirement portfolio. Bonds suffer the most from rising prices, because the future interest payments are fixed. So the higher inflation goes, the less those payments are worth in today’s money. Meanwhile, as governments fight inflation with higher interest rates, bonds sold with the old interest rate become less and less attractive. They fall in value to compensate. All in all a dismal outlook, and even worse than that currently faced by the young and those in early middle age. Last week’s news that October’s official inflation figure had come in below fears has sent stocks and bonds booming. And is causing some to hope that the inflation crisis may soon be over. Maybe inflation has peaked and will start heading back down. Are happy days here again? Not so fast, warns legendary financial guru Rob Arnott, the chairman of money management firm Research Affiliates.  He’s run the numbers on all the big inflation surges in developed economies going all the way back to 1970. (There were over 50, remarkably.) His conclusion? We will be very lucky indeed if this inflation crisis ends quickly. Lucky, as in he gives it no more than a 20% chance. The likelier scenario is that even if it starts to come back down, inflation may persist higher for longer than the markets, money managers, or the Federal Reserve thinks. That’s because, in effect, inflation has reached the kind of critical mass or momentum this year that makes it much harder to control. “An inflation jump to 4% is often temporary, but when inflation crosses 8%, it proceeds to higher levels over 70% of the time,” write Arnott and his co-author, analyst Omid Shakernia. This means us. The official U.S. inflation rate broke above 8% in March and stayed there till September, peaking at 9.1% in June. (And that’s the annual rate, meaning the change in prices from 12 months earlier. The month-over-month change in prices, while much more volatile than the annual figure, has actually shown even faster inflation at points this year—and actually just rose, rather than fell, in October). “Reverting to 3% inflation, which we view as the upper bound for benign sustained inflation, is easy from 4%, hard from 6%, and very hard from 8% or more,” warn Arnott and Shakernia. Once inflation breaks above 8%, they find, “reverting to 3% usually takes 6 to 20 years, with a median of over 10 years.” Ten years? There are a couple of important caveats. The first is that the past is no guarantee of the future. Just because these things happened in previous instances of 8% inflation over the past 50 years doesn’t mean they will happen this way this time. (If “this time is different” are the four most dangerous words in finance, as Sir John Templeton once said, “this time is the same” are among the most dangerous five.) After all, it could work out. The authors write that they are simply handicapping possible outcomes, not making a prediction. “Those who expect inflation to fall rapidly in the coming year may well be correct.” But, they warn, “history suggests that’s a “best quintile” outcome. Few acknowledge the “worst quintile” possibility, in which inflation remains elevated for a decade. Our work suggests that both tails are equally likely, at about 20% odds for each.” Actually, they add, if U.S. inflation really has just peaked and is on the way down, we should count ourselves pretty lucky. Only 30% of the time in the past 52 years has inflation peaked between 8% and 10% and then gone back down. In the other 70% of the time, once it’s made it over 8% it had risen above 10%. But what is remarkable about this is that the markets—and the Fed—are currently making this lucky outcome their central forecast. It’s one thing to hope for sunshine when there is an 80% chance of rain. It is another to go on a very long walk without a raincoat or umbrella. Yet the Federal Reserve is currently (at least publicly) saying it expects inflation to plunge very quickly, averaging 3.5% or less next year and 2.6% or less in 2024. The bond markets are just as optimistic, and currently bet that inflation will average 2.4% over the next five years. If they are right, it will all work out. But if they aren’t? Watch out for those bonds and bond funds. Even today, after this year’s surge in yields, the 10 Year Treasury is yielding less than 4% in an environment where prices are rising faster than that. BBB-rated corporate bonds, mean the “riskiest” bonds that still count as investment grade, will pay you 6%. Better, but still not great if inflation doesn’t come down. Incidentally, a number to watch is the monthly inflation figure. How much did prices rise between last month and the month before? What does that work out to as an annualized figure? According to the U.S. Labor Department, this has been rising, not falling. It was 0% in July and August. (You may remember the administration boasting about 0% inflation. This is what they meant.) But this figure jumped to 2.5% in September and nearly doubled to 4.9% last month.
  • nicespice
    2 years ago
    ^Holy cow, dougster :o
  • Papi_Chulo
    2 years ago
    ^ you did notice it's almost a 10-year-old thread?
  • nicespice
    2 years ago
    I just kinda assumed meat/mate is dougster. I could be wrong of course buuuuuut
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