% | $
Quotes you view appear here for quick access.

Arcos Dorados Holdings Inc. Cla Message Board

  • robjones987 robjones987 Jul 4, 2013 1:10 PM Flag

    Arco's is one frustrating stock!

    Anyone else a little Frustrated wtih ARCO? I have been long since shortly after the IPO. I am currently under a lot of water on this, wish i could walk (swim) away but just cant. Anyone have any thoughts on what the rest of the year may bring? maybe hit $20 by december?

    Sentiment: Hold

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • HOLD ON. See my comments in the other ARCO threads. This will rebound. The fundamentals are there. If Warren Buffet announced tomorrow he had a position, This stock would be at $20 and never go down. This is not a scam penny stock fake pharma or a tech company that will be out of date one day like Sony or Apple. This is Mcdonalds in Latin America ( What the USA used to be -families. Hamburgers and french fries served Consistently . You should be ahead by 2016.

      Sentiment: Strong Buy

    • won't rate and mcdonalds will suck the life out

    • Yes ! this is a piece of trash stock ! get out

    • RJ,
      Yes it is, until you figure out it is just a surrogate for the exchange rate between the dollar and Latin American currencies. Once that is realized, it becomes a decent surrogate ... and a profitable trading vehicle. I've made a bit by trading the volatility on that basis.

      As far as a buy and hold? Either buy it cheap, hold for the dividend and count on Latin economies (and hence currencies) appreciating long term, or don't touch it. Please note the current price is making a run down to $11. Seems to be a bit of a falling knife at this point.

      Pick an entry point between $10.80 and $11.25 and sell above $13 if you want to make a few quick bucks.

2.6999-0.0001(0.00%)9:51 AMEDT