NightCulture Inc (fka NGHTD)

[UKfan]

I greatly appreciate your analysis of NGHTs stock and filings. I am long NGHT and currently about 25 % in the green as of Fridays massive run up.

I do think that your read on NGHTs Sec filings are in fact correct and that the .05 earnings are based on retirement of pre-merger debt at favorable terms, and that booking such as earnings is a onetime event.

Its nice to be up 25 % and I don’t think I could borrow the shares from my broker to go short anyway as Etrade has a pretty restrictive short list.

The other problem with shorting NGHT would be that the most I can make going down is a 100 % profit vs a theoretically unlimited profit going up.

I also believe that NGHTs share price run up is based on stock promotions by shareholders other than NGHTs management team.

That being said Wall Street currently is putting a 3 million dollar value on a company that leases a bar, for 350,000 a year, and owns 2 outdoor festivals that may or may not be profitable. I just love it !!!!!

Best of luck to all involved.