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Chipotle Mexican Grill, Inc. Message Board

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  • jdim1123 jdim1123 Apr 8, 2006 9:43 AM Flag

    profit while you can

    That's exactly my point moron. You are up 33% on a bloated stock and you are holding it? For what? To see it adjust down to normal levels (~$35-$45/share).

    You must be a 30-something with a selective memory of the dot-com bust.

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    • For starters, you have no idea of whether or not I'm a moron. It makes you look like a moron, frankly.

      Second, I expect this stock to grow at 10-12% per year going forward. Management is taking a responsible and intelligent approach to adding new stores. They aren't burying the company in debt and they are apparently looking to grow with franchised units. Company-owned units are more profitable and better controlled for quality purposes. I applaud the move.

      Last, I am a thirty-something. I do remember the dot-com bust. This, however, has nothing to do with that.

      CMG is a classic buy-and-hold. Product, Market, Management, Financial Condition, Competition----everything I look at says that CMG is a winner for the long haul. This isn't a stock to sell, it's a stock to buy---even at the current price. Who wouldn't have loved to have gotten in on Microsoft back in 1985 after their initial 30% rise?

 
CMG
400.73-8.16(-2.00%)Jun 24 4:05 PMEDT