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Jack in the Box Inc. Message Board

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  • pmoishe pmoishe Jul 9, 2012 5:44 PM Flag

    If Qdora tightens up JACK's balance sheet it

    You don't buy JACK for it's balance sheet. It is a classic turnaround situation that has already had a nice move and looks to be able to continue. Stock is breaking out of a huge base technically and has re-franchised and re-branded all its stores (way ahead of Burger King). Qdoba is just the icing on the cake. The street has finally figured this out with one analyst after another jumping on board. Stock could easily move above $30 if the market hangs together.

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