There results have been mixed. They were right about Valeant however, they apparently closed out their short position before the big drop. They have been wrong about TSLA. There negative calls on MBLY look more like desperation then anything else.
If anything he has a ton of rich enemies. I can think of at least a couple of billionaires that would like to inflict pain on Bill. I can see them piling in on short positions on poor Bill and making him puke up his shares.
First of all E.Coli is not "food poisoning" it is an infection. Next thing is that the fact that it is E.Coli would lead me to suspect that it is possibly meat sourced or produce sourced.There is most likely a failure on two levels. They purchased meat or produce from a poor supplier and they quite possibly under cooked meat or didn't wash their produce properly. Since the outbreak happened at multiple facilities, I would say there is most likely a breakdown in their typical processes. Until authorities are clear how it happened and Chipotle corrects the process and the supplier, I would stay away. All of this is speculation on my part but I spent several years investigating these type of outbreaks.
They had a reputation for "healthy" eating. Now that is totally destroyed. People are just not going to pony up for a E.Coli laden burrito. That many facilities affected means that there is something wrong with the source of their ingredients and their processes.
There is no 1000 PE. Even the trailing is 275 but that is rearview mirror stuff. I think they will do a $1 a share in earnings next year. That makes it 45 times next year which isn't bad for a company that is growing over 100 percent annually.
This stock is a near perfect retirement stock. It is my second largest position for my retirement portfolio behind Microsoft. Another great retirement stock. Dividends are going to go up every year 10% plus. Big insider ownership and it has low debt. They are growing slowly and thoughtfully. If the stock goes down near term, I will buy more.
Some outlets are reporting a miss. This is because of GAAP vs Non-GAAP reporting. Non GAAP is the 67 cents and includes rev's from Windows 10. The GAAP doesn't include the Windows 10 rev's which drops the number down to 57 cents. Bottom line is that this is revenue and should be counted but the question becomes now or next quarter.