Fri, May 24, 2013, 10:00 PM EDT - U.S. Markets closed
I agree., at least in the short-term.CMG is overpriced (P/E = 38 vs. industry avg. of 21)and overbought (RSI = 80.4).Look out below!I'm short at $205.44
What does a Jersey Italian know about burritos?
Doesn't he moonlight on "Jersey shore"? ;)
guess I'm not that convinced yet. it's a nice start but lets see it make under 203..
Look at that...ask yourself..is cmg the only place to get a burrito?...i would be careful on this...insiders sold a lot in the last few months....p/e over 35...wow..
this thing has divergence ALL over it...coming back down soon. It's a REALLY good thing the market is up pretty big today. Otherwise it wouldn't be as propped up as it is.
Good job. Keep listening to Guy Adami, he will lose all your money for you, that guy is an idiot.