earnings will be out July 19 after hours,since many who have not sold are small investors,expect some firework the next day.
Also July 19 is a big earnings day for AAPL and Google.
I think it would not be called Better Burger,it will be Tastyburger.
CMG could come back,I dont know why people go to McDonald,all you eat is carbo ,also the styrofoam.
The fast food industry as a whole has not grown in sales for the last 3 months,blame it on the economy,or blame it on higher prices to offset higher labor cost.
But supermarkets said they cant figure why sales is stagnant but higher price items like cheese and meat sales have picked up.
Like a woman told the press,she and her son used to eat at fast food restaurant for $12 and now the same items cost them $16.
Could it be that consumers who used to eat more fast food find better value eating at home-$16 can get you two T Bone steaks while they are on sale,2 baked potatos with sour cream and a crisp lettuce salad.
Bu then you have to clean up afterwards which you dont have t o do when you eat out.
The marketing director is buying,not selling cocaine in NYC.
So now we know where he gets his marketing inspiration from?
he should incorporate cocaine into his rewards program
It started yesterday,and to day there is an analyst recommending this stock for long term growth,bla bla bla for international expansion.
But it looks like a lot of short covering going on all day,if not,then someone is accumulating this stock.
Marketing chief-buying cocaine regularly from 3 guys who will meet with clients at drug stores,average deal is $200-$300.
If you track CMG past trading,seldom does it keep gaining 10-20 points consecutive days,on the news the company is giving away FREE FOOD !
They may not bother to step in and check out the new menu,if they have been gone too long,they have found another eatery.
Biib,amzn,googl are restricted stocks for the last 2 days,hard to short as they cant borrow the stocks,this could explain the big move for biib today
CMG is desperate to get its customers back.
But will they come back once freebies are not on the menu.
There is really not much firework in the 18 points move,the market goes up today and CMG giving away free food.
Not a good omen if a business has to give away its merchandise!
It is more than 15 points rise,this is typical CMG,small float.
plus Barrons and others recommend CMG today,not to mention overrall market goes up due to NO BREXIT.
I doubt it will carry over to tomorrow?