Chipotle Mexican Grill, Inc. Message Board
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I'm lovin this price action though, to be honest.. haha! Buying me some April puts on the cheap.
Thanks pumpers!! ;) -
Cramer's just trying to do his usual deception / spread mis-information to confuse people. Since anyone with a brain knows to do the opposite of what he says, he knows if he's bullish people will doubt it.
He's probably trying to help his wall street buddies cover lower, IMO. -
Normally I would agree with you here, but the timing of the new weekly options occurring the day before ER was suspicious and reeks of crookery, and leads me to believe we go lower/sideways until March OpEx on 3/15.
Come 3/18 though, assuming there isn't a market meltdown, it should be safe to go "all in" while the squeeze takes place. Any pressure via short hedging with calls (gobbled up 40 or below) should be released.
I hope I'm wrong here for all you longs, but the game is crooked, you gotta play by the rules. -
Just look at what transpired over the next 2 months. A 40% haircut.
Nothing fundamentally has changed between then and now
Think about that if you are foolish enough to be long.
Oh, and more lockups to worry about. Oops.Sentiment: Sell
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Pretty obvious eh? Huge OI in the 45 strike.
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Insiders dumping, 3600x P/E.. what's not to like!!
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Tens of millions of shares short need to be covered tomorrow. Shorts = SCREWED :)
by techinvestor75 •Feb 28, 2013 6:44 PMhaha u must be short.... OOPS!
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Sorry shorts but after this BLOWOUT earnings the upgrades will drive this to 45 and beyond in coming days.
Cover NOW while you still can. Trust me, this is going ALOT higher once the major firms start upgrading.Sentiment: Strong Buy