MRT Mortons steakhouses

Forum: Investments
Author: [Investments] Topic: MRT Mortons steakhouses
bssports PM bssports
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Posted: 1/18/2012 10:14:01 PM
What do you guys think? Hold or sell?
bssports PM bssports
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Posted: 1/18/2012 10:14:52 PM
Wallstreetcappers need your help on this one....
wallstreetcappers PM wallstreetcappers
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Posted: 1/20/2012 2:23:16 PM
I dont like it personally..what makes you want to consider it?

They are a fully mature company, margins arent good, cash position isnt good.

Not a stock I would buy unless I had inside info..
bssports PM bssports
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Posted: 1/20/2012 5:39:06 PM
Got in at 4.90. Should I take profits or hold?
bssports PM bssports
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Posted: 1/20/2012 5:51:07 PM
Recently bought out by Fertitta.
wallstreetcappers PM wallstreetcappers
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Posted: 1/20/2012 7:58:27 PM
Well then you are going to get 6.90 cash, which is right where it is now.

If you think the merger will not go through (which the market is not confirming per the price) then it might go higher, but if the merger goes then you get the cash price.

Nice job, that is almost a 50% return.
bssports PM bssports
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Posted: 1/21/2012 8:56:03 AM
QUOTE Originally Posted by wallstreetcappers:

Well then you are going to get 6.90 cash, which is right where it is now.

If you think the merger will not go through (which the market is not confirming per the price) then it might go higher, but if the merger goes then you get the cash price.

Nice job, that is almost a 50% return.
Thanks for your help. Always value your opinion.
avenue PM avenue
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Posted: 2/7/2012 9:23:44 PM
Michfan15 PM Michfan15
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Posted: 2/9/2012 3:16:21 AM
They got nothing on Lugars
bssports PM bssports
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Posted: 2/10/2012 1:26:12 PM
Merger went through. I am holding to see what happens.
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