during that two-month recovery period, Strelzik expects Chipotle's stock to take a serious hit.
"Significant near-term uncertainties remain, including the risk of additional E. coli cases linked to CMG, the number of stores at which same-store sales may be affected, and the potential timeline of a same store sales recovery," said the note. "Recognizing the uncertainties, however, we derive 10 - 15% downside to CMG’s stock to $475 - $450 in a low-case scenario."
Hillary ate at CMG recently. Of course rumor has it she only ordered water, crackers and a soft taco to go. Understand she threw the taco out once out of sight from reporters.
According to new FDA standards every CMG outlet must designate an employee to test food (eat) before the outlet can open for business. Seems the FDA would rather have one "sick" CMG employee then hundred's of locals, so better to err on the side of safety by making CMG employees guinea pigs versus the local public.
Question now is do the CMG food testers get paid $15 with extended life insurance policy, or is he or she just paid minimum wage and given a chamber pot to do his or her thing??? Sad when a company forces low level employee to risk their health, versus just closing up shop and moving over to Taco Bell.
under $850 an ounce after Fed goes live with Dec. rate hike. Gold my friends is now in a long free fall down, down, down to a bottom around $500 an ounce.
Going to be two, three days forward, one day back as we work our way closer to a December Fed Rate Hike. Dust will climb over the next 40 days, and only have a few set back since there now is an 75% the Fed jacks rates Dec. 16th. Going to be very, very good news for those who short "gold" into the $800 range and lower.
some end of December.
and come mid - December gold won't be walking. It will be buried.
and one has to wonder if these "short" gold miner ETF's won't triple by mid December, just after news breaks that Yellen slaps gold with first rate hike in 10 years. BOOM - Gold dives bombs into $750 range and keeps falling well into 2016.
for an easy triple (move higher) come December. Never fight the Fed when they tell you they now are "REALLY ALIVE" for a December Rate Hike. Gold heading under $1000 an ounce next week and gold bugs flea in all directions.
and then (drum roll) reverse split and the Fed is now Lock and Loaded for rate hike December. Gold Correction now kicks into HIGH GEAR.
on my what will DeWalt do with everyone kissing and making up. Why invest in a Cyber Security Company when DeWalt says "China No Threat" and now Russia wanting to be Best Friends with Us. Say good by to $20 and hello mid - teens next week.
and as the Bull gets it tail chopped off at 8:30 am with decent payroll numbers - the Fact that the first (in 10 years) rate hike will hit "HARD" and SINK into investor's minds thus creating (finally) the long lost correction.
It all happens tomorrow morning as SPY heads South for a long cold winter.
and I thought FB ruled the world and all boats lifted as FB stock goes higher. Gee - Seems news the Fed will act in December (or the threat of acting) with a slam bam thank you ma'am drive the market lower into tomorrow's payroll numbers. Watch Spy sell off into close knowing the Fed is coming to Town real soon.
Dewalt blames everyone but himself. And since so many FireEye executives are leaving the company (in droves) soon he will only have himself to point the finger at. Don't buy today since the stock has no floor and report quarterly loss well into 2016, 2017, if they stay in business that long.
Last I heard, IBM, HPQ, Csco, etc. would not ever consider a Feye take over even if FeyeEye was handed over for Free. Now that's what you call a "Major Disaster".
or you could short GLD and make a few pennies but JDST will be the "BIG" mover going into Friday's Payroll numbers. As in 50% (plus) jump come end of week.
and with Activision Blizzard move to swallow Candy Crush - Znga is now "front and center" a potential take over target. Furthermore if the company beats or shows good numbers after hours we could push over $4 a share by tomorrow morning. All Aboard.
but they ain't since they no the company will miss next week and project weak earnings going forward. Everyone here that is long hopes some big fish swallows FireEye but that is very wishful thinking since there are better Cyber security companies on the market (to swallow) with better management.
Feye heading for teens next week as Quarterly report will be a Complete Bummer.