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Chipotle Mexican Grill, Inc. Message Board

  • jimcalp88 jimcalp88 May 23, 2013 4:17 PM Flag

    Today was a warning. Take notice

    Yeah, this stock gained some ground back on its earlier larger losses. But you should take this as an opportunity and warning to be careful and get out while still ahead. The market is nervous and so is this stock at these levels. The slightest negative news in house or with economy and market and the bottom is falling out of this stock. It's just poised and waiting. Beware, you may have trouble getting out at reasonable levels when it happens. Some chart signs are already turning over, lines are being crossed. Remember, your first loss is usually your best.

    Sentiment: Strong Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • It's truly terrible Jim. A 2 week setback in the climb to new highs. I guess they can't go straight up forever.........

      Sentiment: Strong Buy

      • 1 Reply to skiidady
      • Wether this stock is a 2 week setback or headed to a more properly valued level someplace under 280 it is still a loss. It wouldn't be difficult to see a 50-75+ point drop in this stock in 2 weeks. Why would you hang on? Why not take profits, let it happen and get back in at a better entry? Or, save yourself the loss even lower. To risk that downside for another 20 or so up doesn't make sense. Remember the analogy "hogs get slaughtered".
        We have all made mistakes, but the longer you play the game, the more you realize the truth in that statement. LOL

 
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