FAT Brands Announces Planned Acquisition of Johnny Rockets
With the acquisition of Johnny Rockets, FAT Brands will have more than 700 franchised and company owned restaurants around the globe with annual system-wide sales exceeding $700 million.
Johnny Rockets currently has over 325 locations across the U.S. and internationally, including 9 company owned...
IPO lock up expiring this week and now all of the initial public offering stock $12.00 per share, at 2,000,000 shares have LOST half of their money. OUCH!!
What do you think the psychology of these INSIDERS are, to hold or to sell? or buy more? at $6.00? now
I believe that per the chart, NOW is great time to BUY. Why? Last three...
After IPO lockup expires on 4/23/18, INSIDERS will be holding the BAG with 2,000,000 shares at $12.00 per shares. PA now is $6.32,with a DOJI candlestick on daily (today) price action. This stock only has upward bullish potential for next few months and/or rest of year.
QUESTION:
If you were an INSIDER with $12.00 shares, would you sell at $6.32............NO...
