I don't care about ecoli or other BS, I like the food but hate the line. The atmosphere is noisy and quisine is predictable. There are quieter places for lunch. Its a nice option, but definitely not a category killer.
The buy back is an artificial floor as the fast money flees, but EPS is still declining and stock will see $350.
Fast money is fleeing. This belongs at $350 while its EPS is shrinking. Sell in May and go away is the saying. dead money over the Summer.
Earnings miss, a 28 P/E for a declining EPS because a CEO said he will recover next quarter. Yeah right. The clients have lost the desire for Chipotle and moved to other softer atmosphere fast car restaurants. Panera is still rocking!
CMG buy backs are making a false bottom. This thing needs to plumet below $400.
Yeah, UBS down graded NFLX today with a price target of $147. Thats up $54 from today's close. I will hold and enjoy the ride while adding on any more dips.