RICK's Cabaret (NASDAQ:RICK)

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I've initiated a position in RICK's. It's the kind of industry that is very recession resistant much like the alcohol industry. In good times or bad, there will always be business at gentlemen's clubs. Trading at a low p/e with positive earnings growth, I have been accumulating shares below 4.50. Today I initiated a position at 4.28 and intend to hold this as it will likely be a great money maker for years to come. That said, if there is a sudden spike in price to 7.00, I would put in a stop loss to protect any gains in this volatile market.

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