EDGE TRADER

Wednesday, August 24, 2005

SONC and TXRH


Two hurt badly by APLB and the surrounding downgrades. I bought both at close and will sell at open. TXRH hopefully will give me a bit of dead cat bounce to profit from. SONC I believe was down unfairly. Although a consumer may eat out less, they still will consume fast food. Hopefully a little bit of bounce there tomorrow too.

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