Replies to post #16541 on Baristas Coffee Company, Inc. (BCCI)

[stockwatcher24]

Not sure if you've noticed, its also going down in stock price.

[BobSinCA]

TRYING to go national might be a more accurate summary.

Of the four new states announced in the last year, only two have happened.

'Zoning issues' and high costs have been blamed for the failure to open New Jersey -- but the former is likely to be an ongoing challenge in our increasingly conservative nation, and the latter suggests that the BCCI business model is not readily financeable, particularly in urban areas.

More recently, a December 13 press release promised a February store opening for Phoenix/Scottsdale, with four more stores by the end of March, but radio silence since.

NET: BCCI is not announcing many new stores, and is unable to consistently open announced 'national' (non-Washington) stores. Three opened out of eight announced in the last year, and the eight does not include the additional stores licensed to the Texas group, who have so far elected to open only a single store.

100 stores planned for the year, one done after two months -- you do the math.

[ticker6]

Simple business. The potential to open more profitable locations is the best PPS mover. I have been out since this gem ran to .80 didn't sell until it dipped into the 50's. This is definitely a hot stock to keep an eye on. I will be waiting for an entry point and have no problem chasing if I miss the first jump. Coffee stocks were HOTT last year, just be patient and wait for BCCI to run again. All IMO. GLA