Aug. 15 at 1:56 PM
$RICK Fair value
$72-78. Major turning point-My deep dive reconfirms that this NYC matter has always been a witch hunt/ fishing . Hoping to find drugs, prostitution, money laundering, under age, abuse, credit card fraud but had to “find” some tax issues that were used by all NYC clubs. When dealing with NYC gov you play nice. Gov auditor has defended the company. Total “bribe” was never cash, but maybe
$73K in gratuitous free drinks and lap dances over a decade. AG pulled terabytes of info(cameras, emails, bank & phone records) AND found NOTHING. March 2027 is when the judge decides what “evidence” can be presented in court. Also confront the 3yr statute of limitations on tax filing. The state will (80% chance) push for some fine to save face, that RICK will likely pay to just save on lawyer expenses. Lawfare is real! Rick will bounce more than the
$LULU $BYND $SPCX over the next 12-24 months. At least a double
Next big move is to
$38 the pre Lawfare price. Easy 20% coming. P/FCF!
