I felt I had to shed a little more light on a conviction buy of mine, RCI Hospitality (RICK). While I have briefly outlined the thesis for investing in RICK, I feel to better comprehend the rational behind taking a position in the company requires a little more detail.
I have decided against publishing the article on my own page in favor of SeekingAlpha. Due to the large audience on this platform authors are usually confronted with critical feedback on their argumentation, which I consider essential for the investment process. This is not a click and bait action of any kind. Compensation on this article will be minor since even on Seeking Alpha this stock is underfollowed and the write-up will generate only few views upon which compensation is based on.
Going forward I hope I can evoke similar feedback for my ideas on Investing0711.com and am able refrain from publishing my ideas on 3rd party websites.
Finally, here´s the link to the article: http://seekingalpha.com/article/3985498-rci-hospitality-holdings-sin-stock-50-percent-upside-assuming-zero-growth
Here´s a brief update on recent released Q3 sales figures of RICK: http://seekingalpha.com/article/3987995-rci-hospitality-holdings-reports-solid-sales-disappoints-capital-allocation.