Is This the News?

Here’s NICK’s press release released a few minutes ago:

CLEARWATER, Fla., April 7, 2010 (GLOBE NEWSWIRE) — Nicholas Financial, Inc. (Nasdaq:NICK – News) today announced the opening of two (2) new branch offices located in Nashville, Tennessee and Grand Rapids, Michigan. The new offices expand Nicholas Financial’s branch network to fifty-two (52) locations. The company expects to open its 5th branch in the greater Atlanta, Georgia metro area during the current quarter, bringing the total number of Nicholas Financial branch offices to 53 in 12 states. The Company will continue to evaluate potential branch locations in both new and existing markets and intends to add 3 to 5 new branches during its 2011 fiscal year which began April 1, 2010.

Yeah…big deal. We already knew NICK is opening offices. It’s odd how a stock can be a screaming buy and yet no one will pay attention. Then suddenly, everyone has to own it.

Posted by on April 7th, 2010 at 11:26 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.