Granite City Food and Brewery, Ltd. (GCFB)

[MikeyInTheD]

The most undervalued restaurant stock along with Papa Murphy’s. GCFB continues to open successful new locations and expand their Midwest footprint. I do not understand how the stock never gains any traction. The locations are in middle-to-upper class locations here in Detroit and are always packed on nights and weekends. I think the stock is unfollowed by 99.9999% of the investment community and the company didn’t do itself any favors when they voluntarily downlisted to save on reporting costs. The concept is solid and management seems to have some skill in restaurant operations. Maybe they need to hire someone to promote the stock or company more to investors. Attempting to uplist once again wouldn’t hurt either. Combining GCFB with another regional player might not be a bad idea either. Find a concept that has worked in the past but didn’t have the management team to run operations efficiently - thinking Bagger Dave’s or Grill-it (ticker GRLT). Both concepts received good consumer reviews but didn’t have the knowledge within management to make them successful and profitable.