The stores in Oregon and Washington were closed because cmg decided, not a judge or someone else.
I agree that sales were down in Dec.,Jan. but they are slowly coming back.
cmg is a success story and it's not going to end due to few indigestions.
The people at corporate ( any company ) don't have time to read the yahoo b.s.
We'll see what the future holds.
Huge premiums for shorting
Lots of buyers paying $10 premium for the March 18 Put, with $400 strike price. WOW.
Sentiment: Strong Sell
5 EMA & 20 EMA trend is bearish.
7 day MFI is 46.
RSI is trending to a weaker level.
I see no let up in the downtrend.
Time to SHORT more.
Sentiment: Strong Sell
Your comment once again shows how little you understand about marketing on a national level.
This ONE STORE was closed due to people eating contaminated food. They closed stores in an entire 2 States, Washington and Oregon. IF the customers are going to be coming back, the most impacted stores and regions have to perform.
Remember Ted, it was me and a few others that started bringing up the fact that the stores sales revenue was way lower than the 9% down they were reporting initially in December, and we also KNEW that the 36% percent drop was coming in January, just based on asking people that work in stores how far down their business was. You kept posting on how crowded your one store was, but in reality, that WAS WRONG.
You may not like the news, but I bet the boys at corporate who see our posts about how badly the stores are performing would wish we'd quit telling the truth.
If you think my comments mean NOTHING that's fine, go out an buy another share of stock ( and double your holdings) and watch both of your shares drop to $338.
Your posts regarding traffic to ONE store mean NOTHING.
I can write that cmg stores here in Bay Area ( Superbowl 50 ) have more business ( last week, this week ) than your store during a year, two years or more.
Last days were down days and cmg followed. Nothing dramatic.
Wait till the 100-300 up days are coming.
Have a great day.
Folks, here are the comments from 2 shorts who both deleted their posts when they realize they don't know what they are posting.
Enjoy a SPECIAL Comedy Central episode !!!
Update 1:05 five people in line in last 20 minutes including 2 employees for lunch. Less than 30 people ate here today from 12-1, used to be a 20 minute wait every day at lunch
This stock is being propped up at $440, the closing action today refused to let it settle below $400. Huge vo
Ume right before the closing bell moved it over $400 again today
No bounce with the market today. I think reality is starting to set in here as to the long, painful road that lies ahead.
Funny how Seeking Alpha has been publishing nothing but bull articles and now that everyone is sucked in, two negative articles, including one about the potential catastrophic consequences of the criminal investigation, in the last couple of days. Sentiment is turning negative again. Look out below.
Update 1245 pm. 7 people have come in and ordered in the last 25 minutes.....this place is dead and losing money today as only two people have used the free offer
People are not jumping out of windows. They are going to Chipotle for the burrito with extra guac. Then they go home, put on their best clothes, lie in bed, fold their hands on their chest and wait.
It would cost a small fraction of what they lost by having the stores closed yesterday.