Stock In Strip Club
Friday, November 29, 2013 7:52 AM
Many of you have expressed an interest in owning a strip club. Well, here is a way you can own "a piece" of a highly successful strip club with a minimum investment.
Rick's Cabaret International (RICK) publicly trades on the NASDAC. This company owns and manages 50 strip clubs worldwide. The stock is up 37% in 2013. It does not pay a dividend. They own 90% of the real estate where their clubs are located and take in 40% of their total revenue from alcohol sales. The stock closed at $10.26 on 11-27.
I bought 200 shares on January 15, 2013 at $8.10 per share and have made enough to pay for a "champaign room" session at my own favorite club. :-)
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