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Chipotle Mexican Grill, Inc. Message Board

  • bg_rox2001 bg_rox2001 Mar 20, 2012 8:21 AM Flag

    Time for a 30% haircut

    This stock is overpriced even at $300. The disgustingly low volume, of which >60% are robo-trades, are creating the inflated multiples. When this "growth" model deteriorates, watch what happens. The same valuations occured in NFX last summer, although even greater there.

    Shorting CRM here also.

    This stock is at its highest point ever, at the same time, the markets are at 11 year highs. Keep touting it's going to $500 but history says its headed back to $250.

    If you have a profit here, at least consider taking it (or some).

    Cheers.

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    • Well this finally came to fruition. Watch what happens to this 'growth stock' over the next 6 months as people realize what they are buying - an extremely overpriced burrito manufacturer, trading at high-tech growth multiples.

      Below $250 by EOY.

 
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