J&J Snack Foods Corp. Message Board

  • silverzzzzz1 silverzzzzz1 Mar 3, 2011 3:52 AM Flag

    Casey strikes out at the plate

    At a prior conference call they said they hit a home run when Burger King contracted for the funnel fries. Looks like we have a swing and a miss here. To say the least I'm quite surprised by the announcement. I thought the product was doing well at Burger King. It had become a big account.

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    • Checking the latest 10-Q....funnel fries to Burger King was down 30% year over year so I guess it was kind of baked in already that this account was on the way out. I was bracing for a $2 or $3 haircut yesterday , but was pleasantly surprised by the spike up. The market going up almost 200 points helped I guess. seems to be good support in the low 40's. I woule consider adding to my position if it were to go below 40 again. Any thoughts?

    • Hopefully J & J will lose more accounts so the stock can spike even higher!!! Great jump higher today!! Go J & J !

 
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