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Chipotle Mexican Grill, Inc. Message Board

  • deliverables77 deliverables77 Jul 16, 2007 3:33 PM Flag

    Im out at 89.90 this morning

    I think it's topped out. I don't buy this whole "break-out to the upside" scenario when earnings are announced. Quite frankly, they can report .55 for the quarter, and the current price is already baked into the cake.

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    • We all should be prepared, I think, to factor in 35% minimum cap gain taxes again after the '08 election.

    • Here's a rare market-timer that looks good: watch out for MRK to surprise on Monday. The downside-items(Patent expirations/Vioxx litigation) are factored in. The upside items: Januvia's strong start (aided by Avandia's woes) and the Zostivax/Gardisil vaccinations offer a strong upside potential and are complete question marks. I'm hoping for a 1-3% bounce on Monday; a short-term money-maker.

    • not worth the effort. I think everyone tries one-time or another to time the market but few can do it. The volatility is just not there right now. I have been watching CMG now since the beginning and just when I seem to see a top it goes higher. I thought about writing calls at 70 and 75 but glad I did not. I want the big payday: my 100k turning into 1 mil in 5 yrs. Compounding returns is the way to make real money in a good stock.

    • I made money money last year selling CMG high and buying back lower.
      But a few weeks ago I had my head handed to me writing
      call options on another stock I own.
      My trading days are over.
      If somebody wants to have a fire sale on a stock I hold,
      that's fine with me. I'll just buy more.
      Otherwise hold hold hold.

    • "Topped out?" You're joking, right? No one could be that short-sighted with a growth story like this one slamming them in the face. This stock could hit $89.90 after splitting 2-for-1 at $100. And then do it again. And again. And again.

      CMG----Buy it. Hold it. Forget about it....for at least five years and probably fifteen years.

    • Long term this is no where near topping out. Barring any major change to the fundamentals or strategy there is no good reason to sell this stock IMHO.

      Good luck.

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