PTRY - worth a look

[mimo_100]

I used an Earnings Updates and Revisions screener and it returned these

issues:

DE DRS ENR EZPW HYSL LAYN LCRY LM MCRS MERB OIS PTRY

QSFT RCKY RECN SGMS TARO UTIW VAR WR

I then crossed the results with MrMarket’s Super Bowl dump.

There was one intersection, PTRY.

32 is a double top breakout on the point and figure chart

Interesting stock. Take a look at it.



Tim

[bec1nj]

Ptry

Tim-Really good move on it today! What might be helpful is if someone in the Southeast can provide some first hand reports on their stores. Seems like a neat company and good earnings a few days back too. Good going.
Bruce

[bec1nj]

Mr. Market

Also, Tim, this is so well suited for a great Ernie writeup, as I can see the Kangaroo pouches etc. all over the page!

[jiesen]

I think PTRY looks pretty good at first glance. Getting $4B in revenues for just $640M market cap is pretty nice, and the $20M profits could probably be easily bumped up to $40-50M. The stock price should respond accordingly, but I'd think this one might take a while to move significantly (a year or three).

Good thing about being a convenience store, is it's a pretty simple business, and they shouldn't have a tough time making money. I think for a conservative investment, PTRY would be a good place to look.