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Sonic Corporation (SONC) Message Board

  • isin52 isin52 Jan 6, 2010 8:30 AM Flag

    SONC will close @ $ 12 today

    yesterday news positive , profitable and going forward as recession lifts , stock will go up ... I hate stock price predictors !

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    • I'm buying more today

    • Sonic Corp. is the decade’s first QSR operator to cry uncle and declare it no longer wants to play the discount game. The fourth-largest burger chain is getting its own ball and drafting game rules that once again put brand experience ahead of price in defining value.

      After announcing disappointing results for his company’s first quarter of fiscal 2010 in the morning, Sonic Chairman-CEO Clifford Hudson told analysts during an afternoon conference call that the time has come to push back against an “industry so heavily focused on price.” Sonic won’t/can’t stop appealing to consumers’ desire for value, he said, but it can “find a way to talk about value in a Sonic sort of way.”

 
SONC
20.61-0.23(-1.10%)Apr 17 4:00 PMEDT

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