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Jack in the Box Inc. Message Board

  • john.heil2 john.heil2 Jun 12, 2010 1:40 PM Flag

    Go Guy!!!!!!

    Guy Adami(CNBC Fast Money), a most insightful guy (check his past recommendations if you don't believe me), is one of the knowledgeable bulls on Jack in the Box and a rational voice in times of tumult. It appears that some on the Street are trying to talk JACK down (the price that is), seemingly ignoring the fact the company has said publicly that California demand (its major market) has stabilized. The JACK people reiterated that conclusion three times. So why would some commentators or analysts claim that unemployment is so bad the QSR category has to suffer more and it isn't time to buy these shares? Perhaps BKC and SONC are in that category, but not JACK given that management statement. Then how unfair to lump them together, without mentioning that management reference to California business trends. This simply is careless reporting on the part of some analysts, and it has to be pointed out so this kind of propaganda does no more damage to the small investor in the case of JACK. In weak markets you don't want to let Wall Street stampede you into handing over your shares on a silver platter to those at least saavy enough to know value and the long term potential of a stock. When JACK hits my objective of 32 probably within the next two years, you will be glad you listened to the advice of a responsible and incisive analyst like Guy Adami.
    Best, Big J in L.A.

102.14+1.42(+1.41%)Sep 23 4:00 PMEDT