% | $
Quotes you view appear here for quick access.

Chipotle Mexican Grill, Inc. Message Board

  • john.heil2 john.heil2 Oct 6, 2011 4:27 PM Flag

    Very strong action

    Despite a Blair downgrade, the champ performed like a champ once again. The Green Machine rolls on. As for the Blair report, they contradicted themselves which shows some really sloppy work. First they said that restaurant companies would be impacted by higher food costs including CMG. Then they turned right around and said CMG has great pricing flexibility. So what is the concern about higher input costs especially given it is a short term consideration. As an investor, long ago I learned not to worry about two things: the weather and commodity costs. The reason: both are short term factors. Commodity prices are based solely on the law of supply and demand. And these two variables swing back and forth with awesome regularity.

    What happened today was a great opportunity to take advantage of an entry point. And I see that many did just that with the stock rallying 10 points following the dip this A.M. Congratulations fellow Chipotle investors. Long term you will be very pleased if you are among those who initiated a position today.

    Big J in L.A.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
400.73-8.16(-2.00%)Jun 24 4:05 PMEDT