Taking stock of the AFA's efficacy
So far we've yet to hear even one report from the anti-McDonald's "press" conference that was held this morning. However, we have heard this interesting piece of McDonald's news: Their stock is up 1.60 for the day:
And If you compare today's price with that from July 7, the day the American Family Association's boycott was announced...
...you'll see that the stock is up 2.8 points since the extremist's protest against Big Macs began.
No clue as to who, exactly is driving these sales. Though we do hear that some dude who wishes to only be identified as "Jesus C." has just become the latest member of McFlurries Anonymous.
McDonald's CP [Yahoo! Finance]
**UPDATE, 6/18: And the trend continued on Thursday and Friday:
Guess that press conference didn't make much of a dent, huh?
Well clearly it's the billionaire militant homosexual mafia that's manipulating stock price to hide the horrible losses that are about to engulf McDonalds for their evil vile endorsement of the radical militant extremist homoSEXual agenda, including gay marriage.
Well, it's that or perhaps the market recognizes that in a failing economy folks turn to McD's instead of Sizzler or the Red Lobster. Even them good hate-the-gay folks.
Posted by: Timothy | Jul 16, 2008 7:23:09 PM
Must share this hot off the press report of how the boycott went in South Caolina... got from a promoted on PHB. posted by 'the Author'
It was a very big crowd during lunch at McDonalds today. Everyone was supersizing their menus and were also very nice.
I ran into a very polite, well-dressed young man. Another five minutes and I would have been engaged.
Apparently news of the AFA's boycott isn't affecting McDonalds here in South Carolina. And to a degree, that is interesting. After all, South Carolina is the buckle of the Bible Belt. Down here, we not only argue over Biblical interpretations, but also the length of baptism pools and the size of the cross on which Jesus was crucified.
Who knows. Maybe very few people down here know about it. Or maybe they do know about the boycott and the general feeling is "the AFA be damned. I'm hungry and hot. Now supersize me!"
Either way, it's really not surprising. Telling Americans not to go to McDonalds is like telling my great aunt not to go to church. The difference is that in the case of my great aunt, you might get cut.
Posted by: LOrion | Jul 16, 2008 8:25:37 PM
I'M LOVIN' IT! Stock is up almost 4.9% in a little over a week. They are probably trying to see if there are any other fundies out there that they can piss off! But, they were in a mild down-turn just before the fundies kick-started this move, so it could just be a natural rebound.
But, what a kick in the balls for the AFA their accomplices!
Posted by: Dick Mills | Jul 16, 2008 9:26:18 PM
That works out to just under a $3.5 Billion increase in market cap. Thanks AFA!
Posted by: Dick Mills | Jul 16, 2008 10:10:40 PM
MCD closed up another $0.21 today.
Posted by: Dick Mills | Jul 17, 2008 7:01:12 PMcomments powered by Disqus