Apple wasn't paying a 2.8% when it's price was at $600. Are you asking what to do with your Apple shares if you own them with a higher cost basis of $600?
How did i see this disaster on the horizon as i have warned all of you on this o board for the last couple months to sell and stay out? Easy, our country is going to melt down and the fed will over react, it already has, pushing rates too low, now a small adjustment on the 10 year and all the rich reit mice scatter like a nuclear shell just hit reit world. smart mice!
Steve miller tried his best to describe cmg's qualities as a company, yet he didn't describe anything about the stock that make it a good buy at today's price of $376. just reading from a script with your coke bottle glasses while being tele-interviewed cross-country doesn't make you a stock analyst steve. lol, you looked so amateur, it isn't funny! if i wanted to push a stock i definitely would not call steve miller to pump it. but that's who motley the fools called to do their special work on chipotle. omg, did anyone else watch steve miller from motley fool totally poo his pants while lip sinking script notes on camera u-tube? you'd think they would have scrapped it but instead they actually posted on the yahoo news for all to watch. i highly recommend that you all watch steve miller's report on cmg. try not to laugh, he's serious! ..... omg, i'm peeing myself laughing at this moron!!!!
When does a story stock with same store restaurant sales of flat to 1% get repriced for it's lack of growth? finniest thing, i have looked at cmg's earnings, past and forcasted and no matter how many times i look they still show less than 10% growth in earnings for a 41 p/e share price at $376. When valuing a growth stock, the rule of thumb is pay 1 to 2 x growth rate in a stock's p/e (price to earnings ratio). cmg stopped being a good value at $94.00/share. and, that was when they were growing earnings by 55 to 70 %.. today, they are growing earnings by low single digits.
Where do restaurant sales go, now that urban and others have reported and seriously disapointed the street? should be interesting to watch how far dj jeff can push his taco cart and cmg higher on false demographic data and false immigration data as it relates to cmg. But, i bet that we all would be just as desperate as jeff is we were sitting on top of 1000 shares of cmg, w/a p/e of 41 and a same store sales rate of zero to 1/2 of 1%.
My bank is paying 0.013 interest on checking, and savings. cd's are paying 1.0% for 2 years+ lockup of my principle. And, the 10 year is yielding 1.96 %. and, apple is yielding what? .... 2.8% . oh yeah, give me the last one and the extra yield above all other available investment options.
So whisper to the media that you are going to pick apple appart and then slap apple on the hand during your meeting today. that's what will happen folks. nothing more than that. a little drama hear and there, but at the end of the day it was just congresses way of getting current apple shareholders to lighen up on their shares before the meeting, and guess what? Congress will buy every single one of those shares and so will bernanke and the boj. i know so!!!
Our government is questioning apple for cheating and lying, isn't that calling kettle black? Mear technicality after last week's irs blowup and outright admittance of being underhanded. So who would even be available now to hit apple up for more money in taxes when the irs is on furlows with their employees and those running the show at irs have their hands full just fighting off the press and media for the cheap shots they took at companies already. and, apple is down today, i was waiting for this moment since last week, thank .... You ..... Congress!!!!
I would be a buyer not a seller at this point. I like these shallow pullbacks for accumulating, don't you?
I can see apple now moving higher. i waned all on this board back in october and november of 2012 to sell apple in the high 600s and low 700s. some did and some did not. alot bashed my comments back then, as i went on to realize some very nice gains in apple short. today, i feel just the opposite, the sentiment has changed to bashing apple and for me that's a time to start nibbling on the long side. let's see how good we can do to get a bottom in the near and mid-term for apple? at this point, there appears to be a convincing 'reverse head and shoulder" chart formation confirming a final shoulder prior to moving nicely higher on new product news and better prospects for new product launches in the months ahead. there simply was a vacuum of news and product launches over the past 6 months. but now this has changed materially.
Why we waste tax dollars on a pile of poop being spread around by congress and trying to sling some on apple. what do they really expect to accomplish with this meeting with tim cook and apple?
Kuroda came out today with clarifying statements that a story reported earler in the U.S. market trading, is WRONG. He does not feel one way or another about currency levels at this time. He also stated a few days ago that there is simply put, NO BUBBLE HERE, commenting on Japanese equity markets.
Let's check ... Oh my, i'm getting 0.015% on my savings and checking accounts at my local bank. and, i just got my $3.00 dividend on my 100 shares of apple. so far i'm feeling pretty good about giving my bank the middle finger. how's that yacht treating you now jamie dimon!!!!???
I suspect that from this point forward the new bank of america will be apple bank & trust of cupertino, ca
LET'S GET THIS STRAIGHT, CONGRESS AND GOVERNMENT POINTING FINGER FOR "CHEATING AND LYING" ?...INTERESTING. Would we not all be in agreement here that last week's report out of the IRS and then all the cover ups that followed from Obama to members of congress and senate and the administration... were possibly also a form of "CHEATING AND LYING" ? What do you think? So tomorrow, I think everyone in the room with Tim Cook will see their noses grow on national TV.
Just more cash burning at CMG, they don't have endless cash and same store sales are dropping every quarter.
Lines that cannot even be served most of the time due to limited capacity and manpower to accommodate those waiting to eat. When you peaked in price/share last year and your same store sales can't increase, and is forcasted flat to only up 1% for this and next quarters, then where does the sales and earnings strength and growth come from? Interesting quesiton isn't it? Why doesn't "skidaddy" answer this one for all of us who are long along with him? We would love to hear the story, please do tell! ?
Hi Jim, You make good points, the one thing and I believe it's one of the few things going for this stock is that CMG is about the only buyer of the stock via their final share buyback that has pushed the stock this far. And, that it's part of the QQQ ETF where the Qs going up with every 10,000 shares bought of qqq means a small increase in number of shares of CMG to round out the QQQ holdings, right? Just these 2 things can make this stock move a few points any given day or week. And, when that artificial upward pressure gets relieved when that small amount of buyback and adding to the Qs comes to a trickle or the Qs go down a little then CMG goes down more on percentage than the Qs, ever notice this?
They used to pay every month a couple years abo, but since 2011 they slowed the dividend payments to once every other month and now there is virtually no way you can count on this dividend going forward. and if you are looking at yahoo finance's "yileld" or dividend return on their tip summary page, you are reading outdated and false information. no way will you be receiving a 2% div. Yield for this tip etf going forward. this 2% info is from many months ago for a prior 12 month period. this is no longer valid and something that investors should count on. you won't get that yield.
If you are relying on yahoo's summary page data for this or any other etf you are relying on false quoted data that is either outdated and/or completely false. in the case of the tip etf investors, the 2% showing in yield field window is outdated info and is absolutely not to be relied upon, because you will absolutely not be receiving this yield or any monthly yield for this specific etf as it no longer pays the historic monthly dividend each month that some have grown to count on. by now, you should know this if you've been looking at your broker or bank statement depending on how your are having your dividends routed to you at the beginning of each month. if you look back at the last 6 months you will catch the missed payments on several of these months. just don't want any of you to think you are getting something that this etf fund family has already stopped paying monthly. check each and every month's statment and if you aren't getting what you were wanting to get, if it was me, i would simply sell this fund and buy agg, mbb, tlh, etc.... Or any one of a dozen or more bond etfs still paying their reliable monthly dividend. you diserve better. have a wonderful day!!! got bless bond yields!!! i