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MRT Mortons steakhouses

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Posts: 10

bssports

Rookie

Joined: Dec, 2006

Posts: 585

Posted: Jan. 18, 2012 - 10:14 PM ET #1

What do you guys think? Hold or sell?

bssports

Rookie

Joined: Dec, 2006

Posts: 585

Posted: Jan. 18, 2012 - 10:14 PM ET #2

Wallstreetcappers need your help on this one....

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Jan. 20, 2012 - 2:23 PM ET #3

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

Rookie

Joined: Dec, 2006

Posts: 585

Posted: Jan. 20, 2012 - 5:39 PM ET #4

Got in at 4.90. Should I take profits or hold?

bssports

Rookie

Joined: Dec, 2006

Posts: 585

Posted: Jan. 20, 2012 - 5:51 PM ET #5

Recently bought out by Fertitta.

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Jan. 20, 2012 - 7:58 PM ET #6

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

Rookie

Joined: Dec, 2006

Posts: 585

Posted: Jan. 21, 2012 - 8:56 AM ET #7

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.