Red Robin (RRGB) Whole Company Trades for Only $67 M

An astute Reddit user pointed something VERY interesting. You can buy all of Red Robin (RRGB) for just $67 Million dollars

https://www.reddit.com/r/SmallCapStocks/s/hyoqXv5vOt

To put that in context, if 10,000 Redditors bought about $6,700 each… we could buy the whole company

Red Robin isn’t exactly a shining star of growth and profit, but that price has WAY undervalued their business.

Bear Case:

Red Robin is closing about 100 of their 498 locations. They have 670 Million of debt and $574 Million assets.

Bull Case:

RRGB is projecting about 1.2 Billion revenue this year. Losses are narrowing and they reported a profit in 2 of the last 4 quarters.

Short interest is hovering around 12-15%, roughly 10 days to cover, and at $3.75 per share even the freshest Reddit retail trader could load up on shares.

I am NOT saying that Red Robin is the next GameStop. But RRBG is popping up all over Reddit, and I am going to predict in my totally retail and not in any way shape or form financial professional opinion that red Robin is worth at least $450-750 million. If they can return to profitability that number is closer to $1.2-1.5 Billion.

And as another Reddit User pointed out – "Reddit Robin" has a really nice ring to it.

My new Price target for Red Robin RRGB is $75.

Position Disclosure: I am long Red Robin. Loading up on shares and calls