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IMVESCOR RESTAURANT GROUP INC. T.IRG

"Imvescor Restaurant Group Inc is a franchise business that operates restaurants under the brand names of Pizza Delight, Toujours Mikes, Scores, Bâton Rouge and Ben and Florentine and licenses the right to manufacture and sell prepared food products."


TSX:IRG - Post by User

Post by lightning99on Sep 14, 2013 7:35am
313 Views
Post# 21740262

massive volume Friday

massive volume Friday
Well over normal trading volume, the price actually help up nicely seeing the 20 times avg volume.  5% of all the shares traded today, some insider probably got out.
I agree Dave financials mediocre to OK.  It was good to see some sales growth with a plus sign, not a negative in front of the number.  I just don't understand the desire to dump the ceo and incure the costs(severance?).  Keep him on the board and advising the temp ceo. 
I think every quarter ther is some sort of financing or unusual cost item, and I find myself saying "maybe next Q we will have a clean report".   sort of like being a leaf fan... maybe next ....  sigh

Good Investing,
Lightning

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