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Regis Corporation (RGS)

NYSE - NYSE Delayed Price. Currency in USD
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3.8400+0.1500 (+4.07%)
At close: 4:00PM EDT
3.9500 +0.11 (2.86%)
Pre-Market: 08:46AM EDT
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  • S
    Shane
    A lot of loud mouths on this board. RGS realized there was a flaw in their business model and now they are reorganizing to fix it (at least temporarily). This stock will go back up. Whether it be a successful restructure, a buyout, or rumor of a buyout. This type of restructuring comes with expenses. Advertising for franchises etc. They may never recover fully but SOMETHING will happen here. Supercuts is huge still and back to school haircut money (since kids are actually physically going back this year) is not something to be ignored and was not a factor in last q earnings. Where's all the doom gOiNg To A dOlLaR people now that we have a nice bounce? Lol.
  • S
    Seth
    ALERT: There is a market flush coming. October is near. No question about it. I've seen this happen enough times to know it. RGS price will shave off 50% on that day. I told you it was going to shave off a quick $1.00 two weeks ago. The pain is not over my friends... this is DEAD MONEY walking!
  • K
    Kenneth
    Somebody should tell these guys that they should be giving haircuts to customers and not their shareholders.
  • E
    Eieio
    I know most on here won't understand, same goes for those analyst covering Regis....Zenoti just purchased SuperSalon, the point of sale that most Regis brands currently use. The plan is to replace Supersalon(very poor system) with Zenoti(probably top 2 point of sale system). however Regis is still trying to roll out OSP, which is talored after Supersalon. Many owners had wanted Regis to allow them to use Zenoti but instead Regis balked, primarily because slimy Chad CTO told Regis CEO and board he could put something out in about a year, that was over 3 years ago and OSP is still not close to being done. Many many bugs, horrible rollout, even worse is the support or lack of. Question is does Zenoti purchased OSP? Regis is hurting for money and Zenoti received $1.5 billing in funding(that should tell you which system has the backing).
  • B
    B747
    I am buying.
  • L
    LouV
    don't think we'll see a 4 handle much longer

    we've washed out the sellers

    valuable distribution channels with so many locations...many locations..and a great name

    the McDonald's of haircuts

    getting away with charging big bucks for quick haircuts
  • M
    Michal
    Price target 9$
    Way oversold!
  • S
    Seth
    I've been trading stocks for 25+ years. There is still much more downside to RGS. Once the market goes through it's capitulation cycle (it's coming... it comes when everyone thinks it's not) this will lose another 20-25% in very short time. I don't have a position in RGS, but I have seen this pattern so many times before. This is NOT a stock where dips are an accumulation opportunity. Holders are just going to sell off on any upward price points. (Price at time of posting: $5.39. Projection: $4.88 in about 14 days.) -Seth
  • N
    Naruto
    going back towards $5
  • S
    Shane
    Just some thoughts. RGS has a goal to become 100% franchise by the end of the year which should boost revenues as well as cut costs significantly since they will be cutting lease liability. Also back to school haircut revenue will be factored into the next quarter revenues. Should give it a nice boost!
  • N
    Nicholas
    ‼Very oversold.. Bouncing off 52 week low. This has been a gem for me in the past. I think I will pick up some shares and some Oct. $7.50 calls. Real traders know!
  • E
    Eieio
    If your only source of income is royalties and over 1000 shops close between 2020-2021, that's not a good sign. And many owners are so unhappy, that they are neither purchasing new shops or selling shops to someone outside Regis, number of shops will continue decline since management is unwilling to work with owners. Regis just did away with most branding email accounts.
  • c
    charlie
    I’d buy rn, 5-6 realistic pt
  • J
    Joseph
    You: Stop loss being triggered
    Me: Now 7,800 shares long

    :|
  • c
    charlie
    I’d buy rn
  • S
    Shane
    Lookie. Sitting at the 1 year low! RGS bounced off this price 2x already within a year. Absolutely nowhere to go but up from here. Boat loaded with 4k shares. Let's ride!
  • S
    Seth
    Don't let anyone hype this stock to you. (They're trying to sell.) Just use some common sense. If this stock is heading down in current market conditions... what do you think it will be at when the market retraces. There is no where to go but down on this one. Look at the chart people. It's about to take out the 52 week low. (A further word of advice... there's no such thing as "very oversold.")
  • S
    Seth
    This was an easy call. All you had to do was look at the chart. Are you one of those people that think "Oh, this dropped so much it can't go any lower??" .... or "the stock is so oversold" ... or "I liked it at $8.50, I love it at $4.50." Folks, if you think the selling in this stock is done then put on your seatbelt and watch how quickly this one shaves off another $1.00. No question about it. As I told you you'd get a dead cat bounce... and you did (almost perfect timing on that), but this is stock is money wasted. -Seth
  • S
    Seth
    $4.88... as I promised you a week ago! Here's what's coming next... we'll get a few dead cat bounce days and then DOWN WE GO AGAIN! LOOK for it to drop to $4.56 in the short term. AND WHEN THE MARKET PULL BACK COMES YOU WILL SEE THIS STOCK IN THE $3's.
  • S
    Seth
    Folks... more pain in this stock is coming! We're not even close to a bottom. And when the upcoming market flush comes (AND IT 100% WILL).... this is going to the low $3's fast. Anyone buying into this now is just paying off the people smart enough to cut their losses. Don't waste your good money. -Seth