I would say that "fighting the fed" as the term goes on Wall Street, went out the door about 20 to 30% ago in this REIT and in stocks as a whole. AT THIS POINT IN TIME THERE IS 20% AT A MINIMUM, OVER-EXTENDED JAPAN QE-FLUFF in the United States stock indices. As we will soon learn as the fluff and excesses are bled out of the markets. Whether we do this starting Monday or we wait until August. If we keep rocketing higher from this level, just add the additional gains to the above numbers and then it's going to be a 40 to 70% Crash instead of a 20% correction. IT'S THE FED'S AND OBAMA'S CHOICE, RIGHT? I will be gaining either way. I'm never long without being short something else. But I'm are rare bird in the U.S. Most here are hopped up on QE crack and are leveraged with seconds on their mortgages and brokerage margin w/rates of 20%+. Soon, this too with be learned the hard way.
This is one tough as nails bond fund folks. i would slowly trickle w/laddering funds into this bond fund and then enjoy a 50 x bank rate return as it performs like the rock star who runs this fine tuned bond buying and hedging machine!!!
I guess it's there money right ... the rich and stupid have one thing in common, they know how to burn it like nobody else, lol! ; ) .... And, Jim Cramer would say it's "momentum stock like Apple was last Fall, 2012 .... BUY, BUY, BUY!!!! " We know how Apple investors turned out. I can't help but figure that alot of the losing money in Apple found it's way over to the "New Safety Stock" ... INCOME REALTY. Where your money in "O" is as safe as a bank savings account, cd or checking acct. Most think that REITS are even FDIC insured, lol. Should be good popcorn entertainment viewing any day now when they find out what they just bought into. It's not quite as bloody as "Chainsaw Masacre" but there is something special about watching a super rich MF part with his/her greenbacks .... NICE!
Yield destruction on the part of our federal government is the primary reason for REITS getting panic bids from social security recipients, the wealthy, the unemployed and retirees. All of the above are folks in the "needing income due to fed yield destruction" in America. The only problem, it's been take way way WAY beyond "to far", as REITS have been pushed to 2 1/2 to 4 x their earnings growth rate. In the case of "O", the next 2 quarters offer the greatest threat for disappointing earnings as per their prior 3 years reporting in these two quarters. But, aside from these factoids, investors have been led by irresponsible talking heads on the tube that are like robots on reply...over and over, "I LIKE REITS, I LIKE REITS, I LIKE REITS ...." Turn on another tv business show and more.... "I LIKE REITS, I LIKE REITS, I LIKE REITS ...." . So at $55 / share, Income Realty has the next 2 years of capital gains priced into the shares and the price and p/e of a 50 to 70% earnings grower or the best growth stock on the Nasdaq. It's fascinating to watch as I still own a few hundred shares of this rocket, but I would watch for the moment soon where wall street takes the last buyer and turns them into an Income Realty @ $45 owner over night. It's like playing a nasty game of music dates on eHarmony where it's only a matter of dates until you pick up a nasty case of , well you know ... the herps. NASTY STUFF.
Wrong joeytee2002, in april, 2012 sbux traded at $64, today it's 63.55. keeping swinging slugger! oh, any it's down a percent again today. bummer. i'm telling you this is a better short than a safe long. without a doubt. let's chat again in a month or two, ok?
THIS IS A "NOTHING SPECIAL ABOUT GOING THERE" ... STOCK AND COMPANY. AMERICA HAS SO MANY OF THESE, DOESN'T IT? 1. SBUX , 2. MCD , 3. CMG , 4, WEN , 5. T, 6. AAPL, 7. BBY, ETC...
I can't believe that peet's coffee shops are always packed and their employees are so much more attentive and so well trained. i challenge anyone to walk into a peet's and order a 1 lb bag of guruda and then do the same at starbucks. peet's employees are lightning fast and will chat with you while they prep your order and you are on your way home in lest than 5 minutes. 10 minutes later in the starbucks store you are still waiting for the employee to check with someone whether they even carry guruda, which they don't, and then they give you a pathetic substitute. i guess mcdonalds is commodity cow heard tender too, but they're stock has just done nothing in the past 1 1/2 years. hmmm, so if starbucks is doing so great and they have so many waiting lines, then why has their stock only "churned" a measly 4 to 5% in the past 14 months? any good answers for that one? ; )
Just a little interesting tidbit...if you would like to check out an interesting comparison, have a look at yahoo finance and enter a symbol of CMG for the CMG stock page to come up. Then click on CMG chart on this page and when it pops up, you can type in a comparison stock to compare performance in CMG to. Type in symbol: "O" for Income Realty, and check out the comparison. IS THIS CRAZY NUTS? I was amazed at what I saw when I did this comparison. O is a REIT and mostly an "Income Generating stock" whereas CMG pays zero dividends and is considered a growth stock. How in the world in today's market does an income stock keep up in performance with a go-go growth stock, right? With markets hitting new highs daily and weekly, how in the world are O buyers thinking that at current dividend of 3.6% , and this is about 1.8% to 2.2% after tax for high income tax payers, that this is an interesting income opportunity when they are putting all of their income at risk, should there be a recession or even a hint of setback in the economy, which is what it's looking likely of right this moment. Neither stock is all that exciting at this time, but O trading in line and practically mirroring CMG over past year is comical and rediculous in my view. But, what about this market and QE stimulus results is normal ; ). Let's see how CMG holds up without the recent Talking Head comments and Silly Price Target raises of $25 dollars like the one from Miller Tabak yesterday. Or, the overly emotional comments out of Motley Fools Fool today. I would believe that tomorrow and into Friday we slowly head South as the longs run for cover, rethinking their story stock investment.
At Peet's you don't need to bring in any old empty used bags. I really like that about them, they don't trip over pennies and nickles on their way to dollars. Secondly, I have been tasting coffees as part of my job inside a large hotel chain, and without a doubt Peet's Garuda Blend Coffee is far above the quality and flavor of anything offered at Starbucks. I have used SBUX coffee in the past and when I switched to Peet's a just a change and trial run, I was amazed at the difference. SO MUCH TASTIER, PEET'S IS THE BEST COFFEE HOUSE IN TODAY'S COFFEE MARKET. I believe that if SBUX customers did a blind taste test, they would smell and taste exactly what I'm reporting here. I am not short SBUX either. I'm just so impressed with Peet's and I highly recommend them. Oh, and they are now private so no more working to please Wall Street anymore, as they used to be a public company (PEET). Public companies rarely can compete against their private competitors regardless of business type. Too much cost cutting eats into quality every time, whether you're talking service or product.
Peet's rocks, and peet's ground coffee by the pound is the outright winner vs all other coffee houses. and, peet's gives you a free coffee or hot choc. On the house whenever you buy a bag of anything in their stores. so cool!!! sbux is just a volume coffee commodity joint for the masses in inner city u.s.a. nothing more than a coffee pourer, the coffee sure isn't anything that sets them apart that's for sure, lol!!! peet's rocks!
Impossible!!! You're a clown without a circus!! you and salvatore "sam" from motley fool are morons that haven't a clue on how to assess and evaluate a stock and stock growth. where do you justify a 41 x earnings p/e for chipotle mexican grill? it should be called chipotle roach coach, inc. nothing special to a overpriced burrito greasy spoon that claims it's healthier than the next texmex roachcoach. and everyone know it, they just want to praise this deadbeat stock and company because they are dumb enough to shell out $12 per ticket at cmg's cash register each day they slave for the man. it makes them feel like warren buffet, if not for just the time it takes to shove the doe ball filled with rice and a little chicken meat down . then it's back to the real world. the same folks who are such poor judges of quality and taste at cmg are those that say starbucks is all that. peet's is far better than starbucks, all day long. Peet's has the beans that make you go ohhhh!!!!! ohhhh...yeaaaaa!!!!! so good!!!! starbucks is a coffee for the masses bulk brewer, and peet's is the coffee bistro for the discriminating taste bud customer. you would think that you were in italy when you take your first sip of peet's coffee. seriously, try them out! and, they are far more generous for those who purchase a bag of coffee beans or ground coffee from them. they rock!!!
There's no way that motley fool, miller tabak & co. Will be right on chipotle. In the short run, a stock can move up or down 5 to 10% but jeff gundlach is talking about a move of huge magnitude in the 80 to 130 point category or even greater. i personally see cmg going down to the $75 to $135 range after the first plumit that should hit any day now.
Cmg is still stalling today at 375.80 with the stock market not far behind. Love it when a cost average into a short position plan comes together, don't you? now short with 400 shares and will add another 100 on any strength, so let the "bi-polar" games begin kids!!! this stock market game is fun to play, isn't it?
"Chipotle Customers Will Shell Out More" ... Uh, NO WE WON'T ... HEY EVERYONE, LET'S HEAD OVER TO THE BELL!!!
true, the only difference is that Taco Bell has strict food handling standards, proper dress code and their prices aren't in the $8 to $12.00 per receipt/customer. right?
Too funny, this is one roach coach of a stock!!! right?
So my cost basis is 375.62 on my short of 300 shares of cmg, the most highly manipulated stock on the nasdaq!!!