Bear of the Day: RCI Hospitality (RICK)

Don’t tell the stock market, but there have been some signs that the economy is beginning to slow down. While it’s not a broad-based collapse or anything frightening like that, there are some areas experiencing the pinch. Recently, today’s Bear of the Day referenced that pinch in its latest earnings report. It’s currently a Zacks Rank #5 (Strong Sell) and we are going to investigate the reasons why.I’m talking about RCI Hospitality (RICK) ). RCI Hospitality Holdings, Inc., through its subsidiaries, engages ...