Bally Total Fitness Holding Corp. (NYSE: BFT), how here is a stock we have made fun of, time and time again.
We told you to stay away back when shares were above $2, today they are under $1 but up almost 9%. But it’s easy to make fun of Bally’s when you can tie Steven Seagal into it, that guy is just asking for it. Eat another doughnut Seagal, better yet go play your guitar. 
Joking aside, now that Bally’s has bounced from its 52-week low and trading around 72 cents, it’s time for a look. They are subject to delisting if they don’t get back to a market cap of $75M, right now they are at $25M, so the price needs to go up to at least $1.80 a share. They just had some good news come out today about not paying interest on their debt. Damn bill collectors, who do they think they are? With shares so cheap, Bally’s being a household name, and America getting fatter – Bally’s might be worth a shot. People who are severely obese – 100 pounds or more overweight – are the fastest growing group of overweight people in America – up a startling 50% in 5 years (this according to an ABC report). So, sit back, eat another doughnut, pop in a crappy Seagal movie, and make some money on Bally’s. You can bet the traders are going to town on this baby today, get our doughnut on!
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