Monday, May 13, 2019 8:51:11 PM
There wasn't much wildly exciting in the fins that would make me run out and buy. Apparently Mr Market agreed.
Gross profit margin percent of roughly 9.4% is the poorest this year so far. Revenues up nicely, but really no explanation outside of noting a 40% interest in the Daytona Shores station. But it isn't clear what generated the revenue. Investors need to understand what the source of revenues and what the company is selling. Don't need to give away inside info but can't model vapor. Pretty simple.
This is now a "show me" stock. Only folks that will buy on faith are those wearing rose colored glasses and newbies who don't know any better.
Awaiting the big box, more locations and grand opening news. At this point would rather pay a few extra pennies for verifiable news.
Amigo Mike
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