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Chipotle Mexican Grill, Inc. Message Board

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  • novicemillionaire1 novicemillionaire1 Dec 6, 2012 11:06 PM Flag

    You can literally watch them support this POS with their buybacks...

    The problem is that they likely use the buyback cash as a catalyst to attract high frequency traders to jump in so they're multiplying the bang for their buck...i.e. they buy 5000 shares and computer screens light up everywhere and another 50000 gets bought. This makes the inevitable end come later than sooner. Will just have to wait it out.

    Sentiment: Strong Sell

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    • I'm not sure about HF's to jump in to buy. In fact, if anything, I'd think any time it goes up, everybody else jumps in to short, given the dark future of Q4 being common knowledge. Actually, this buyback scam is very telling to those savvy in the game.

 
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