Too bad workers will suffer in the future
Sell-off by 2pm usually on a friday before a break and after large run-up
Prices of everything ALWAYS go up. This guy "the_real_chinarockets" thinks he knows something, but in reality he is panicky and keeps posting just like I panic when I short something. But eventually Silver will go up and stay up. Gold isn't going back to $35 like in 1972. The U.S. government is not going to put silver in the coins again, except for collectors. 1964 was the last year coins were silver for circulation. when money loses it's value, silver and gold will have value. Ask the ancient Egyptians, the Greeks, the Romans, if you could that is, and they would say "Paper is for writing on, not bartering"
Really crazy stuff, that's what I say, most of it truth according to me, none of it lies according to me, I want CMG to soar now, so i can short it again. I know peoples 401k funds are buying it at $680+
and occasionally people draw money out, then cmg falls.
Its the nature of the game. The managers make the moola trading it.
you know i short it, then say crazy things, like over expanded, then cover right away.
I prefer non GMO food more than the average joe-schmoe out there
but i cannot help shorting at $680+
knowing that it is overpriced
if it were up to me, every McDonalds and Burger King would be sued for poisoning people, CMG would soar, but in reality, CMG doesn't impress me enough to think it is worth $680
CMG has put themselves into a high liability (rent, labor, high food costs) and when other restaurants start using non-gmo the price will double, and "FOOD WITH INTEGRITY" will be just "FOOD" because the claim to fame will disappear. They are NOT the first restaurant that used this technique, they won't be the last
Overpaid for CMG? You are not alone. many 401k plans have done so with your money
cmg debt is $0 but little equity also, just a run up in stock price based on future earnings, like it a gold mine or drug company about to make a ton of money, not realizing they over expanded, into markets where people could say "BEANS and RICE and a fork full of chicken $8 ???? my #$%$ I am paying $8"
labor and rent
food costs go down when sales go down
labor and rent stay the same
and management will always take their millions
no matter if the stock goes down $300 to $500
even in bankruptcy management always steals the last piece of the pie
Just one piece of bad news, they all run to the exit, $100 to $200 drop in a day this time, not $80 drop like the last time when it was $440.
Anything, such as food poisoning (their beef is terrible, unless you like fat) and even the chicken is lower quality than Wendys grilled chicken. I have been researching this stock for years. I never stay in a position long at all. I am short then cover. I only short low shorted stocks with p/e over 40
This company is a fad
competition will come soon
lots of competition
and with promotions
I only post after I short
then I let it run up
and do it again
yet they give away too much food at low prices, and I trust WEN chicken (grilled) over CMG, which half the time i have to spit out the fat they grind into the meal
Food with Integrity my #$%$
Filth with Immigrants
remove half the chicken, that is why Wendys made $0.08 and cmg made $3.50
WEN $8 CMG $680
Teenagers in line not knowing that $8 per burrito comes out to $40 per pound for chicken
beans and rice don't count for nothing substantial
bigger fools buying at $680
put some some and beans in the wraps and you get a lot more food than cmg
yeah, unless LOCO, Moes, taco bell, and 100 different competitors do the same thing, that is, cause a fad, and say how healthy their food is when it really isn't
and hire illegals too
pe of 62 may as may it a pe of 100 or 1000
MMs will only dump when people start drawing money out of 401k plans which happens soon enough
Maybe, until fundamentals weaken a bit, then they will exit first, before the small fry gets a chance to sell.
I have seen this for decades, HYPE, Pump and Dump.
what goes up can go up more and more but sooner or later it comes down. I am just surprised this stock is not shorted more than it is. OK CMG is healthier than MCD but so is Skippy Dog food better than MCD. I just know that the CMG in North Syracuse is not busy or even selling burritos much, I never saw any customers in there when I drove by. I think just the rich areas that teens with credit cards are buying there. Parents will crack down someday, perhaps, or maybe not, but teens will go for the new fads, CMG will not be the latest fad, then it will be over.
The suckers with the 401k in T.Rowe will find out they got burrito stands for $14 million each, some without seats even. Great retirement strategy. Wait until competition comes, Moes, Loco, Taco bell, too many to name. The fad will disappear, just like those cupcake places selling a cupcake for $2, $9 for a burrito is the same, just rice and beans, real chicken though i admit, but not good chicken. But maybe I am wrong. Fad or no fad, kids using credit cards to buy a burrito, they don't know the value of things yet.
you don't have profit until you sell, then it will be too late as EVERYONE will sell before you do.
at 4% shorted, they will cover, they last to cover will do good as the price will fall.
LOCO is $20 CMG is 672 pe =60x
that says 60 years of earnings equals cmg price