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Sonic Corp. Message Board

  • showme221 showme221 Jan 13, 2010 6:40 PM Flag

    Cramer Just Said Sell SONC Load The Boat

    If Cramer is bearish the stock is bullish.. Strong Buy...

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    • Don't listen to Cramer, now is the perfect time to BUY SONC. This stock will be back to $10 in less than 60 days, maybe sooner.

    • it's sorta laughable, isn't it...I mean, the H gets beaten out of the stock over the past few days - and so he says "sell" it now...hahaha (but actually, he was just responding to a caller's queary.)

      The cat's been outta the bag for days now - this stock stunk it up...and got what it likely deserved...and that's when I like to take a position...Not all doggie buys work out, but I've done alright over the past few years, buying what others hate...Let's call it "buying the pain", cause that's what it is. People get sick of holding and walk away from the pain.

      So, I'd say it'll likely sit for awhile...like a resting dog - when you buy these positions, you have to 'put em away' in the portfolio...and someday...someday...it'll pop back...AND THEN you take a profit (we hope...i.e. spread the "doggie bets"...most do well, over time...others don't....Check out APOL - has been whacked recently...excellent valuation numbers...)

 
SONC
27.83-0.21(-0.75%)Aug 28 4:00 PMEDT