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Re: TheFinalCD post# 209

Wednesday, 10/07/2020 5:53:33 PM

Wednesday, October 07, 2020 5:53:33 PM

Post# of 231
RAVE - 2 Good Brands

I made good profit here and hold 2,000 shares free now. I love this company because of Brandon Salano. Very strong brands in Pizza Inn and Pie 5. I don't understand why over 65 millions shares traded today but I'm not complaining. Good be that frenzy feeds on frenzy. Maybe because the two new hires signal expansion plans rather than mere survival. The company broke even for the year despite the huge revenue decline. The $4m loss is a tax adjustment, not a cash loss.

I actually like NROM more. It's a pizza company too - Noble Roman's. It has the same yearly sales. Also franchised, but they ahve 6 company owned stores. Both NROM and RAVE were at 51 cents yesterday. NROM is still there, thinly traded, and it's market cap today is the same as RAVE's was yesterday. Same sales almost.

I think the Pizza Inn brand is much more recognizable. But I think is a great deal for anyone that think they missed RAVE.
Volume:
Day Range:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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