Stock Ticker RICK Had a Big Day
Stock ticker RICK had a nice move today +4.4% on high volume (high volume for a fairly illiquid stock that is). Closed at $12.93.
It's come a long way since Feb 8, 2016 when RickyBoy finally got up the courage to talk about how bad it was, just (within a day!) as it was bottoming:
https://www.tuscl.net/postread.php?PID=4…
rickdugan: "While on the topic, that dogshit stock RICK is already back to trading under $8 (what a surprise - not) and same store sales are taking a beating, so now may not be such a bad time to solicit your favorite hottie at a RICK location if you have one. "
A 60% rally for a stock in 10 months, ain't bad! RickyBoy called it wrong almost exactly at the bottom. It's a common pattern for him he can finally only find the cajones to speak up about how bad something is right near a bottom.
Anyone here still think RICK is not a good ticker to own or have changed their mind on this one?
(I personally think their NYC club should do well with all the money splashing around finance. Similarly the bounce with oil should help their TX clubs. Now I happen to think these thing will be fleeting long term, but should be good for this ticker for a while.)
Lol!
It's come a long way since Feb 8, 2016 when RickyBoy finally got up the courage to talk about how bad it was, just (within a day!) as it was bottoming:
https://www.tuscl.net/postread.php?PID=4…
rickdugan: "While on the topic, that dogshit stock RICK is already back to trading under $8 (what a surprise - not) and same store sales are taking a beating, so now may not be such a bad time to solicit your favorite hottie at a RICK location if you have one. "
A 60% rally for a stock in 10 months, ain't bad! RickyBoy called it wrong almost exactly at the bottom. It's a common pattern for him he can finally only find the cajones to speak up about how bad something is right near a bottom.
Anyone here still think RICK is not a good ticker to own or have changed their mind on this one?
(I personally think their NYC club should do well with all the money splashing around finance. Similarly the bounce with oil should help their TX clubs. Now I happen to think these thing will be fleeting long term, but should be good for this ticker for a while.)
Lol!
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39 comments
Right now it's up about 15% from early 2014. So I'm not sure what this "sudden tanking" Jestie is talking about is?
Dugly's been touting this stock for years, cherry picking his moments. So desperate to convince us he's a stock guru.
And yeah, if you would have shorted that one in Jan 2014 you would be down about 15% while the S&P has been up about 15%. So 30% market under performance.
But, okay, I'll give you a name that is very volatile short term but I think will double or triple: SVXY. Want to go ahead and short that one? :-)
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L
LOL. Half the site has shit for brains on ignore and dumbass thinks everyone enjoys his posts.
I've said it before and I'll say it again, I have neither the time nor the inclination to actively manage my stock portfolio. I pay someone to do that, they do it well. If you can do it yourself and make money, more power to you. I'm seriously considering finding another guy to manage some of my real estate, I've had to play landlord a lot recently and it's not fun.
So I guess in some sense that is "doing homework", but I'm not sure it's what you meant. I didn't much good in balance sheet or public info at the time but it still screamed an obvious buy to me.
I also like stocks that are based on brands that I am familiar with like LVMH where the products they pitch are known as a standard for quality, and even if the economy is not so hot they have customers that are not quite so tied to the economy of the moment. I do realize that occasionally I might miss out on a profitable opportunity, but nobody can be everyplace and I have had some good luck, using a professional manager for a large portion of my portfolio, leaving me with plenty of time to manage my own business.
As far as RICK is concerned I know something about it, I do purchase their product from time to time (Tootsie's is part of their business) my concern with that stock is the small market cap of a company like that making it an easy stock to manipulate in so many different ways like, pump and dump, to share inflation scams, even creating different classes of stock and declaring a privileged dividend as the management is the holder of too many of their outstanding shares . For those reasons I dislike stocks like this, but hey that's what makes the horse-race exciting.
If you want to exchange ideas regarding investing send me a PM and i will respond.
ROFLMAO