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Sonic Corp. Message Board

  • misteranalyst misteranalyst Mar 25, 2010 5:53 PM Flag

    we are going to do better

    right now things aren't good

    does anyone believe such a story? couldn't any company say this. does saying it make it so. how could a dumb analyst last month say buy the stock because although same store sales were down 14% things would get better because they have a new ad campaign and better weather? and now another dumb analyst comes along to say sell the stock. the stock went up 20% in one week. unbelievable.

    i recall when the stock went down 20% in one week also. It could do so again.

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    • buyers sure did come and scoop this one up when it dropped down close to $10 yesterday; I think SONC is too expensive even at $10. I don't know what buyers see in this stock right now? I guess it's the hope of things getting better, even if it does take a year or two. In a year, this stock will still be at $11 while other stocks out there will probably double or triple. GLTA!

 
SONC
29.72+0.52(+1.78%)Jul 31 4:00 PMEDT