GENK Sets Up In An IPO Base
GEN Restaurant Group (GENK) operates a chain of Korean BBQ restaurants across the United States. They currently have 34 locations, mostly on the west coast, but there are restaurants in New York and Florida as well. GENK has produced solid earnings growth over the last year and the restaurant group on the whole has been one of the strongest performing industries over the last few months. GENK is setting up in a small cup and handle IPO base. I will be looking to add to my position should it clear recent resistance with conviction.
Risk right. Sit tight.
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Full Disclosure: I currently own GENK. Disclaimer: This information is issued solely for informational and educational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. None of the information contained in this post constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. From time to time, the content creator or its affiliates may hold positions or other interests in securities mentioned in this blog or the associated Twitter and Instagram feeds. The stock or stocks presented are not to be considered a recommendation to buy any stock or stocks. This material does not take into account your particular investment objectives. Investors should consult their own financial or investment adviser before trading or acting upon any information provided. Past performance is not indicative of future results.