Just drove by one here in NJ about half an hour ago and line out the door. doesn't seem to be affecting folks out here one bit
any lower comps will be short lived. If Chipotle finds the source quickly, and I suspect they will, they will fix it and the short attention span american public will move on and continue to mow down burritos. This will at most be a one quarter blip which in the scheme of the next decade of 40 quarters is meaningless.
5 years from now they will be posting $40/share or more in EPS. 20 to 25 multiple gets you $800 to $1000. This assumes just 15% annual growth. 12% store growth and 3% comps.
Short termers need to bail now and give long term thinkers who want to get rich their stock at nice cheap prices. Thank you
LOL. You must not live in usa. Americans have very short memories and attention spans. This won't even be an afterthought next week.
Einhorn is short the stock. Since Einhorn is usually very wrong on his stock picks people play his picks by taking the opposite position. Going against Einhorn's bets have proven to be a huge winning strategy.
Maybe but who cares if you are holding the stock for a decade or more? They can play the strike price game for now but in the scheme of things if ISRG keeps growing as it is that manipulation over the short term becomes irrelevant. Sure you might want to see a higher print but in reality if ISRG is buying back stock you should prefer it be lower.
The only time I prefer my stock prices to print high is if I either plan on selling due to the stock being extremely overvalued or if there are no buybacks and none planned. Anyone who is a long term holder should root for lower prices. Imagine you and one other partner owned the entire company. However you know you want the entire company for yourself. So each day you ask to buy some of your partners shares. Do you want those prices to be high or low?
So I say thank you to the market makers and let's just hope ISRG management is in there now buying stock and not waiting for the run up to new highs
Icahn could ultimately lose money on his apple trade. Supply chain showing lower shipments today and if we start to see declines in unit sales apple could easily head back down under his total cost basis
Carl Icahn...where are you now? Get on your Twitter and start talking your own book again. You are losing billions in apple. The index has beaten apple this year
I sold my apple. I just don't see it beating the index going forward from here. The moment iphone sales are flat or drop the floor is going to drop. The opening weekend should have been far higher with China included and it looks like they are flat to down. I had redeployed Apple proceeds into the index when they moved into the Dow and that looks like it was a genius move by me.
Sentiment in biotech has changed dramatically since then. NK is a binary event. It's methods will either work or won't work. IF they work the stock will be a 10, 20 or 100 bagger plus from here. If they don't work at all it goes to zero. That is a favorable reward here with a sub $1B market cap. A breakthrough from the novel approach NK is developing could be a 100B market cap company. It's well worth taking a flyer here for $10k or $20k. Worse case it goes to zero and you write off the losses against your gains. Best case it is 100B company and you make 100x on your $10k. That is a million bucks on 10 grand folks.