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Chipotle Mexican Grill, Inc. Message Board

  • naclh2o_fun naclh2o_fun Feb 6, 2013 1:22 PM Flag

    CMG is up today because of a 14% short position

    It will go with the market. Such bot to bot short squeeze pumps depend on sellers sitting on their hands they don't want the shares. If they Market stays up they will try to keep it close to break through 200 day ma on a gap up tomorrow. A sharp market sell and could close red, they can probably hold a gradual melt down if it doesn't go below 13940 on the DOW. I know the DOW should not mean a lot but it appears the bots do link to the DOW

    Either way should be a false break as work is not done and the high growth is over.

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    • good post

      The DOW is The Maestro. Its also the easiest to manipulate.

      • 1 Reply to shlockheed
      • Easiest of the indexes I should say.

        There is absolutely NOTHING out there to propel the DOW higher, NOTHING. A few shows back, Cramer was blabbin about stocks that have European exposure and saying to "stay away".. I couldn't agree more.

        But hey Jimbo... the entire DJIA is multi-nats. So if what you say is right.... a big crash is coming.

        We are 2008 levels here. Anybody see any big suburban neighborhoods out there being built?

        In 2008 they were everywhere, and times were good. And now we are back at 2008 levels. lol....and I'm not seeing the "happy days are here again" swag.

        CMG is a safe short at $330 ish. Maybe even $335...... just avoid using margin and park your money short. Its easy. How many shares of CMG does Berkshire Hathaway hold? Zero.

        As for playing the options, search my posts regarding trading IWM puts and calls daily. Safest way to swing trade options.

 
CMG
656.10-7.99(-1.20%)Sep 22 4:00 PMEDT

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