Unusual Volume Spike Alert: Rick's Cabaret (RICK)

Posted in General 
July 15th, 2009

Rick’s Cabaret International Inc. (NASDAQ: RICK) has never once made our volume alerts.  At least not until today.  Shares are up almost 6% at $7.07 on over 110,000 shares.  This one trades only about 123,000 shares on average.  The culprit is easy… CNBC is about to interview a company officer as part of its reference to its “Porn: Business of Pleasure”….  The stock’s 52-week trading range is $2.44 to $18.18.  Over the last 90-days, the most active day was over 1 million shares on June 26.  Be advised, this is a low-float stock and its market cap is barely $65 million. -Jon C. Ogg

POST TIME 9:48 AM EST

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