agree's with Miller Tabak??
so he agrees the stock is worth $360 and overpriced by $9?
exactly
just like cigar bars, aaple products, anything that is a fad eventually fades
so if you are short just stay patient
might go to the moon but it will see $200 in the next few years or even lower
people will grow tired of burritos
look at krispy kreme, boston market, etc etc
market went up while aaple got pummelled. Now aaple will go up while market loses 10-15%
what do you think a burrito chain with very very low barrier to entry for a competitor is worth
its over $11 billion now
except for when the funds want out it will be too late
watch the spread on this stock, if there was a panic and someone wanted to sell 100,000 shares, it would go down $20 just on that sale. Bid to Ask on this stock is crazy, always .30 cents apart or so
sell at the top, don't get greedy because when this drops, it will be sick
short CMG
not shout
conference this week where someone is going to get up on a podium and scream to shout CMG
this goes back to $330 at least
why be careful, the six months it took to move back up will be wiped out in one swoop. All it takes is one bad earnings call and this is down $100
1. MOMO has to stop now, if economy is so great, why are we pumping in stimulus money
2. jobs number is a scam, yes people being hired but its because full timers are being cut to part timers and an employee being added. So instead of one person working 45 hours per week, two people now work 22.5 each. All because of Obama Care
sell all longs today, its the top.
moodys putting pilot debt on watch, customers bailing quickly
all good for TA
he doesn't want to own companies that report breakout earnings but "use buybacks and accounting gimmicks" to hit their earnings
cmg did just that, been buying back for awhile which will result in disaster and reported a .10 per share one time tax benefit this earnings call
sell this #$%$
top of every market sucks in the avg. joe. Watching the cmg's and nflx of the world soar just reinforces to me that the bottom is about to fall out. What will NFLX do when they don't have new content. This quarter great because they dropped 3 new shows for subscribers to rush and join. CMG, what happens when they stop growing, current store growth is over, they are only growing due to opening more stores. Bad business model
it has now filled its gap. Next drop is back to where it belongs ($225) and it will be over a 3-4 day span, not the 4 months it took to climb back up here. Be long at your own risk, you will wake up one morning and be wiped out
margin calls went in first thing this morning, by 1 pm they dry up and we go down
stealing peoples money
they need customers to get in and out in 15 minutes, not enough seating
if people lounge around chipotle drinking margherita's then other customers will stop coming because they have nowhere to sit. Seating can't be more than 50-60 people per store
dog meat
they do now but wait till someone else gets in the market place, plus you can see already, stores getting dirtier and help getting worse
their customer base is the young crowd, they have no brand loyalty, whatever is cool or hip is where they go and the trend only last so long. I can wait forever but this stock will visit sub $200 some day
complete manipulation. Down on Monday as it touches resistance after hours
I have noticed a drop off in the "talent" that works there
places getting dirtier, workers not as neat and clean