Awhile back I ate at Chipotle and was impressed by the behind the counter demonstration of steak cutting and supplying the serving line. Was almost gaucho in Fayetteville, NC. Food quality is abundant and more than I can eat.
More recently I visited the Restruant in Haynes Mall and found the counter messy, cooks banging pots and claiming they were hot, lack sa daysical table clean up and cooks with dirty caps and unfastened back straps. I want a cleaner restruant to eat at. Food was still too much to eat, but chips were awesome!
Consequently, I am not expecting a fast turn around in CMG stock until a Howard Schultz like culture change occurs.
Why does it keep sliding down with all the bad economic news concerning the overall economy? One would think money would be shifting this way. Maybe WMT isn't so vulnerable?
AAPL should be paying about a 3% dividend to shareholders instead of hoarding cash overseas. Paying a large divie will increase stability and holdings in retirment accounts as well.
Lets go AAPL.
over supply at the receiving end dampens requirement to pipe more product. This translates to lower demand for transport and less profit.
Good advice as this is an interesting depreciating vs distribution play. But a capital loss erases the gains from distributions quite quickly.
Sentiment: Strong Sell
I'm not relaxing. I sold and will study the Cushing storage etc... when TARGA is in the $25-30 range and could then become an appreciating asset with a nice payout which is deprecable over time.
No harpo, a very disappointed former Atlas owner that got fleeced. Then TARGA takes a dive to. Good news. Today I dumped this pig for a $6k loss since being acquired. Some of you are bound to lose even more. To much oil. No need to pipe with storage tanks full.
Even though the market is flying today, TARA keeps sliding into the abyss. ATLAS CEO and VPs must be laughing their #$%$ off . NGLS is going lower. Only use for this stock is to die and will it to heirs as an income stream.
Wait until $30 to nibble back in. This is a stagnant market and money is flowing out ahead of fed raising rates later this year.
NGLS bought a declining asset in the middle of a supply glut and smart money is rotating out of sector ahead of interest rate increases.
The entire energy game has changed. Money is flowing out. Over capacity in pipelines, rail cars, and wells. Too much supply should drive volumes down. Take the losses now and buy back in next year if MLPs are your game.
In for another $10 harcut. Stock is ok for old farts who want to will an income stream to heirs, but the 8% yield is not worth it for those wanting to create wealth.
Really? Sector rotation out of energy could keep this down for a decade and thats after another $10 haircut per share.
where is the market for the increase in production you are anticipating? Last I checked we had a glut of over supply, tankers are in contango, and wells are being capped.
Dead stock so Schultz is cutting electricity bills to help bottom line. Market is up for the year and this thing is down. Leadership needs to change IMHO.