I don't own CMG. I'm retired. If it doesn't pay a dividend, I don't own it. Growth stocks are for young folks.
Not hurt at all. Sorry to disappoint you, prique.
Wal Mart sells apples (even organic) and nuts, sparky. Who needs Whole Foods ?
Besides, Chipotle is On Sale today....load up the turnip trucks!
Man that $50 buck drop is hurting you.Without Shophouse cmg is over as a growth vehicle. You probably understand that.More dd less grammar.
Yes, gibbering is a word. To gibber means to prattle on unintelligently.
Shophouse doesn't tell me a dam thing about CMG. The earnings report tells me CMG is doing just fine. The market is disappointed because they didn't blow the doors off. Well BFD. No company can do that forever.
You may resume gibbering.
5 years waiting for Shophouse to roll out. They can't get it together. They either have some serious management problems or are so rich they don't care about growth anymore. gibberring ain't a word
CMG is showing real resilience here. It shows that there are strong hands holding it (and maybe shorts looking to get out of the trade). Even the most bullish estimates have 2016 at $20+ EPS, so even after today's fall the stock is trading at "only" a ~32 forward P/E. That *should* be seen as overvalued, since growth is without a doubt slowing (law of large numbers, tougher SSS comps, more and more fast casual competition), but instead of dropping to a somewhat reasonable valuation (around $400), we may see it just chop along sideways.
ive been in and out several times today... i love it.. its moving up and down... its a great trade.. ive already made 1k today on it.. so i might stop and not push it though..