Sonic Corp. the drive-in fast food chain, reported second quarter fiscal 2011 adjusted earnings of 2 cents per share, which missed the Zacks Consensus Estimate by a penny. In the prior-year quarter, Sonic reported a loss of 1 cent per share.http://www.zacks.com/stock/news/49729/Sonic+Lags%2C+Gains+Annually+on+Comps
Is silly, childish, and malicious - and you will be called out on it. Here's how I have been correcting their total propaganda via comment posts. Other Longs need to do the same:"SONC not only Beat, it trounced the analyst consensus!"To say otherwise is pure propaganda."You don't count a 'special item' into a beat or miss."Without the special item, they reported earnings of 7 cents, or over 100 percent more than the analyst consensus."To add salt to the wound, the 'special item' was an accelarated paydown of debt, which is a very good thing, not a bad thing."And this is an almost all institutional stock, where there are very few naive Newbie investors to fool."There must be some influential Boyz among SONC's 7 percent Short position for this sort of silly propaganda to make it into the story stream."SONC has now thwarted the Shorts three quarters in a row. It is in clear turnaround mode. And this time, there should be several upgrades and higher targets."
Let us all see how SONC holds up on a DJIA down day and then you can tell us how gteat it might be.