{"id":8150,"date":"2016-06-27T00:02:07","date_gmt":"2016-06-27T00:02:07","guid":{"rendered":"\/?p=8150"},"modified":"2016-06-27T00:15:07","modified_gmt":"2016-06-27T00:15:07","slug":"noble-romans-inc-otcmktsnrom-takes-a-step-back","status":"publish","type":"post","link":"\/articles\/noble-romans-inc-otcmktsnrom-takes-a-step-back\/","title":{"rendered":"Noble Roman\u2019s, Inc. (OTCMKTS:NROM) Takes A Step Back"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93797\/vczxvxzc.png\" border=\"0\" width=\"429\" height=\"191\" \/>Yesterday Noble Roman&rsquo;s, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NROM\">NROM<\/a>) registered its first red session since its big announcement, and it was a bad one. But is its surge well and truly over? <\/p>\n<p>One thing is certain &ndash; at least this time around, investors weren&#8217;t jumping all over <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NROM\">NROM<\/a> <\/strong>for nothing. However, truth be told, a 50% jump in market value might have been a bit of an overreaction to the news that the company has opened a restaurant in a Wal-mart in South California.<\/p>\n<p>It should definitely be noted that said news caused such an uproar that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NROM\">NROM<\/a>&#8216;s <\/strong>market cap was pushed all the way up to $14 million &ndash; and that might just be a bit too high for a company whose latest financial report looked like this:<\/p>\n<ul>\n<li>Cash &#8211; $194 thousand<\/li>\n<li>Total current assets &ndash; $4.2 million<\/li>\n<li>Total current liabilities &ndash; $1.4 million<\/li>\n<li>Restaurant revenue &#8211; $42 thousand<\/li>\n<li>Net income &#8211; $347 thousand<\/li>\n<\/ul>\n<p>Impressively enough, unlike many other OTC Markets penny stock companies, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NROM\">NROM<\/a> <\/strong>is actually managing to break even, in spite of having very little in terms of cash &ndash; which is rather commendable.<\/p>\n<p>Still, investors should also note that the company is not without its faults. For instance, one year ago, it issued a warrant that allowed its holder to purchase 300 thousand shares of <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NROM\">NROM<\/a><\/strong> at a rate of $0.2 per share.<\/p>\n<p>So, to answer the question that we asked at the beginning of this article &ndash; given all the factors pushing the ticker every which way, one can&#8217;t really be absolutely sure whether or not <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NROM\">NROM<\/a> <\/strong>could continue its surge or crash even harder.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93797\/vzxcvxzvzx.gif\" border=\"0\" width=\"85\" height=\"48\" \/>Is what we witnessed yesterday a healthy pullback or the result of past shortcomings coming back to haunt investor value? Only time will tell.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday Noble Roman&rsquo;s, Inc. (OTCMKTS:NROM) registered its first red session since its big announcement, and it was a bad one. But is its surge well and truly over? One thing is certain &ndash; at&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[936],"class_list":["post-8150","post","type-post","status-publish","format-standard","hentry","category-news","tag-nrom"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=8150"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8150\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=8150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=8150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=8150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}