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Chipotle Mexican Grill, Inc. Message Board

  • jimmmeycrackcorn jimmmeycrackcorn Jan 24, 2014 9:19 AM Flag

    expect under $150 share after 4Q

    never too late to buy some puts....

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    • $150 is a stretch, but real value of this "internet burrito" (love that moniker) play is around $275..That is assuming 2014 pans out as projected (it won't).. Long run, as with virtually all restaurant plays, this one fails in the end..My guess, they'll fabricate some bs earnings number (look at their corporate governance score-not a pretty picture) and play up the expansion, ignoring the failure to grow same store sales and rapidly escalating food costs..Model is very similar to Subway 30'ish years ago..Read it and weep.

      Sentiment: Strong Sell

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