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| | | Investors Enjoy Good Times with This Stock
About a year and a half ago, I wrote a blog that was a frank apology to my readers. At the time, I was watching a couple of stocks that I had considered profiling. But before pulling the trigger, they ran away from me. Thank goodness this does not happen too often, as I tend to be early in the cycle rather than late. Perhaps that is why I took it to heart at the time.
Since that blog was published, I have followed those two stocks with extra vigor and focus in anticipation of re-introducing at least one of the stories to you ... albeit at a more favorable share price and valuation. Although the technical chart is telling me to temper my enthusiasm, I believe a strong inflection point has been reached that should result in the stock moving much higher in the coming months.
Good Times Restaurants, Inc. (NASDAQ: GTIM - $2.33) is a regional chain of quick-service restaurants located primarily in Colorado. The restaurants serve a menu of all-natural hamburgers, 100% all-natural chicken tenderloins, fresh frozen custard, fresh-cut fries, fresh lemonades and other unique offerings. Good Times currently operates and franchises 39 restaurants.
To read more click here >> or visit http://www.thestockjunction.com
Investors Are Fatigued
I've had some interesting conversations with institutions in recent days. After commiserating about the stock market, we agree on a few key issues.
First and foremost, it is patently obvious that investors - particularly retail investors - are fatigued. We may not see it in meaningfully lower volumes across the board, and it may seem like an obtuse thought given the recent major index highs. But it is clear, nonetheless.
This fatigue stems from this summer's stock trading. Typically, we see lower trading volume in July and especially in August, followed by increasing interest in September. After a tough June this year, however, there was so much interest in stocks in July that the market roared higher and investors became very engaged. When August arrived, many of the same drivers from July still held true, which in turn made September unusual as well.
To read more click here >> or visit http://www.thestockjunction.com
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