Generally one should not buy stocks that trade for under 10 dollars. However, I’ve been eyeing Denny’s (DENN) recently. Its stock chart looks atrocious, but recently the company seems to have been picking up. I just briefly looked over their financial statements and their net income, balance sheet and cash flow have all improved over the past three fiscal years.

Also, since I’ve been out in Oregon, I’ve seen that Denny’s is actually pretty popular, Miel’s grandma likes it and, hey, sometimes I get a craving for some of their pancakes and sausage. Yum!

Since its only trading at $3.68 (as of 6/22/06), it might be worth picking up 100 shares or so.

Best,

James

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