Good observation. What better way to give the Dem. candidate in the Kentucky Senate race a (slighty) better chance to defeat McConnell. She claims to be pro-coal. A move to help U.S. coal producers could be just the ticket.
Cramer got his people in below $30. He will probably say "sell half & play with house money" and he also likes to say "bulls make money & bears make money but pigs get slaughtered".
I doubt it. Not with all the $ they are collecting from speculators. The food is OK, but in my op. not as good as Chipotle. You do get more than Chipotle though. CMG is stingy with the meat.
I have no position currently in LOCO. I bought some at $24 and sold at $38. Good luck if you think it reaches $50. Maybe you'll find some "greater fools" to take it off your hands. This is pure musical chairs & tulips imho. You don't want to be there when the music stops.
I would estimate that barely 10% of the weight of the burrito is meat. Most of the weight is the rice &/or bean filler in my opinion. And lately it seems they are cutting back on the meat. Is this a correct observation?
That being said, El Pollo Loco seems to offer more food for the money. Lots of chicken meat compared to the skimpy meat in a Chipotle buritto. Chipotle is stingy with the meat in my opinion.
LOCO has gone nuts, more than doubling in one week. This is the sure sign of a tulip mania top.
Great time for a secondary offering.