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Sonic Corporation (SONC) Message Board

  • venerability2 venerability2 Mar 23, 2011 12:17 PM Flag

    What Extraordinary Dishonesty!

    They blew estimates out of the water!

    But Dow Jones - and a couple of others - are just coddling their own on the Short side by saying they "missed," when everyone knows you don't count "special items" in whether a company beats or misses.

    To add salt to the wound, the "special item" is a significant paying down of debt, which is a very good thing, not a negative thing.

    And this is an institutional stock, in which there are virtually NO naive investors for them to fool.

    I'm sick of this silliness, especially on a day when there are assorted Bird Games going on all over.

    You want a HEALTHY market, you have to make it an HONEST market.

    I am truly sorry so many major hedge funds are still on the wrong sides of so many trades.

    No, I'm not, since they persist in hiring biased Kiddie traders who have big cojones but meager brains.

    Meanwhile, I have rarely seen the Bubblevision Ninnies so depressed - literally depressed - which almost always means the DOGs are losing, while everybody actually bright is winning.

    Taking all this out on poor little SONC is grossly unfair.

    The stories have to be corrected to reflect that this was a terrific BEAT.

    And there have to be a bunch of upgrades now, plus lifting of the targets to reflect reality, not game playing.

    This is the third quarter in a row that SONC did better than they were supposed to do.

    Two quarters ago, they honestly pre-announced and thwarted the Shorts by doing so.

    Last time, they beat. (Although if I remember, Dow Jones and friends tried to finagle the consensus, too.)

    And this time, they beat beautifully. And paid down debt.

    This stock should be back in the mid-10's already.

    I can't make Shorts cover.

    And I can't force anyone to be honest.

    But when you Fellas are NOT honest, you lose out very soon, not those of us on the right side of the trade.

 
SONC
21.40-0.08(-0.37%)Jul 25 3:59 PMEDT

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