Dynomite Hot Penny Stocks: (GTIM) Good Times Restaurant

Anytime a penny stock gains 400% in the course of 20 days, you always wish you had them on the list of penny stocks to watch 30 days ago. Shares of Good Times Restaurants Inc. (Nasdaq: GTIM) is serving the kool-aid and people investing in the penny stock are all laughing on the way to the bank. GTIM led all of the senior exchanges for highest percentage gain in the last trading session gaining 61.92%, $1.74, on volume of 1.7 million.

Again, Nasdaq delisting threats are a favorite of ours and that’s exactly what happened to GTIM in February. They received their notice of failing to close above the Nasdaq threshold of $1 for 10 consecutive trading sessions which meant – increase your pps or say goodbye to the big sandbox of money you get to play in each and every day. GTIM trumped them by reporting on April 5th, roughly 20 days ago, a 7.9% increase in March sales.

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The Best Performing Senior Exchange Listed Penny Stocks

Symbol Company Last Change Volume
GTIM Good Times Restaurants 4.55  1.74 (61.92%) 1,707,584
IBCP Independent Bank Corp. 3.04  0.70 (29.91%) 608,843
CNIT China Information Technology 1.59  0.36 (29.27%) 962,365
ALIM Alimera Sciences Inc. 3.44  0.75 (27.88%) 924,027
CTC IFM Investments Limited 1.92  0.30 (18.52%) 223,344

Good Times all around for GTIM shareholders for the last couple of weeks. The increase in sales Good Times Restaurant reported wasn’t the 2nd time, or the third, or the ninth, or the fifteeth…..but the twentieth consecutive quarterly sales increase reported by GTIM. Hey you…yeah you….did you know this? Now that you do what does it mean for you?

GTIM Stock Snap Shot:

Market Cap: 12.40M
Enterprise Value: 13.75M
Price/Sales (ttm): 0.61

52-Week High
(Apr 24, 2012): 5.98
52-Week Low
(Mar 26, 2012): 0.71
50-Day Moving Average: 1.44
200-Day Moving Average: 1.37
Avg Vol (3 month): 89,743
Avg Vol (10 day): 450,714
Shares Outstanding: 2.73M
Float: 792.35K
% Held by Insiders: 56.84%

5 Day Pct Change: 174.1%
10 Day Pct Change: 258.27%
20 Day Pct Change: 400%
30 Day Pct Change: 232.12%
Ytd Pct Change: 295.65%

After reporting their 20th quarter of growth, Good Times Restaurant’s announced  that they hired Heathcote Capital LLC as a financial adviser “in connection with a possible strategic transaction.” Buyout rumors flying, GTIM stock price jumped 88% to celebrate Friday 13th. Prior to all of this, GTIM had an average daily volume of about 6,000 shares.

Boyd Hoback, CEO of Good Times Restaurant, said that the unseasonably warm  March in Colorado helped boost sales. Broadcast media has been a big boost in increasing sales and awareness but GTIM continued their sales growth withoutany broadcast media in Q2. The plan is to be back on air in late April with radio using Cheech & Chong again, introducing our new 5280 Lifestyle Menu with some really fun and funny ads and anticipate additional transaction and average check growth.

About Good Times Restaurant Inc.:

GTIM is a regional chain of fast-food restaurants primarily in Colorado. GTIM provides a menu of high quality all natural hamburgers, 100% chicken breast sandwiches, fresh frozen custard, fresh squeezed lemonades and other unique offerings. GTIM currently operates and franchises 43 restaurants.

Bottom Line: Could there be a connection with Colorado’s relaxed marijuana laws and GTIM‘s growth and financial success? Could it be that Cannabis Science (CBIS) is based out of Colorado and the patients seeking treatment are all big Good Times Restaurant loyalists. What is the secret behind the GTIM 20 consecutive quarterly growth trend.

We can gather our heads around that at another date. For now – add GTIM to your list of penny stocks and get them on your watch list immediately. This stock has gained more than SNPK in the last 30 days. GTIM has gained more than SEFE in the last 30 days. In fact, only our penny stock alert from March 7th, OMVE has gained more than GTIM in the last 6 weeks and held those gains.


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