Ignite Restaurant Group (NASDAQ:IRG)

CAPS Rating: 4 out of 5

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Member Avatar TMFDeej (99.40) Submitted: 4/17/2014 1:33:54 PM : Outperform Start Price: $14.25 IRG Score: -14.10

Ignite is the owner of Joe's Crab Shack and Brick House restaurants. Joe's is always packed around here and should be hot for a while. The problem is that the company also owns the floundering Macaroni Grill chain. The good news is that it recently brought in John Gilbert to turn around the division. During his tenure at DAVE the stock more than doubled. If he can at least stabilize Macaroni Grill Ignite's stock should do very well...until Mr. Market tires of it, as it usually does with restaurant chains.

Jason

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Member Avatar TommyRumblestrip (92.06) Submitted: 1/25/2013 1:55:24 PM : Outperform Start Price: $14.27 IRG Score: -39.26

Small cap restaurant. Early growth stages, some early bumps but one to watch

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Member Avatar Distressedstar (< 20) Submitted: 9/25/2012 12:37:48 AM : Outperform Start Price: $14.61 IRG Score: -45.06

0.5

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