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Chipotle Mexican Grill, Inc. Message Board

  • trangy trangy Sep 12, 2012 1:50 PM Flag

    CAN ANY ONE EXPLAIN THIS?

    According shortanalytics chart, the number of shorts (short sell) is much higher than the number of longs (buy) in the last 3 days. Then WHY the price is continuing to go up?

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    • CMG is in the midst of a massive short covering squeeze.There arent enough shares available for the shorts and they are forced now to pay a premium for their mistake. Sit back and ENJOY the uptick, this should go on for another week or so at least. Go Long, Stay Strong!!

      Sentiment: Strong Buy

      • 2 Replies to geobre
      • This is absolute Bull. The reason is as the price has artificially gone up again, people have started to short cmg. Just FYI. You may wanna go back to school dude.

      • geobre you're a clown. this is more like it - CMG float is 95% held by institutions. there is not much interest in it since it's gone up so much. buyers are cautious for that reason only buying a small amount here and there.. those small amounts move the pps. as far as the short interest - yes it's there, mounting up. the majority of those red lines on your chart are shorts since the institutions are so hesitant to sell at this point. they are hurt after the last 100 point drop, just hoping to gain some ground to make back a loss. some are holding, just hoping the next quarter will be good news. that's what it all comes down to. it's got to be great news to pop this back around 400. otherwise, like the majority already knows, this is going to be a $250 stock or less after the bad news.

        JMO

        Sentiment: Strong Sell

 
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